Klepierre

Klepierre's reported carbon emissions

Klépierre, a real estate services company headquartered in France, has reported significant carbon emissions and set ambitious climate targets. For the reporting year 2025, Klépierre's total calculated emissions amounted to approximately 406,794,000 kg CO2e. This includes Scope 1 emissions of about 8,292,000 kg CO2e, Scope 2 emissions (market-based) of approximately 3,016,000 kg CO2e, and Scope 3 emissions totalling around 397,201,000 kg CO2e. The previous year, 2024, saw total emissions of approximately 378,060,000 kg CO2e, with Scope 1 at 8,119,000 kg CO2e, Scope 2 (market-based) at 3,469,000 kg CO2e, and Scope 3 at approximately 367,516,000 kg CO2e. Klépierre has committed to a net-zero carbon footprint for its entire European portfolio by 2030. Furthermore, they have an Science-Based Targets initiative (SBTi)-approved target to reduce their Scopes 1 and 2 GHG emissions by 80% per square metre by 2030, using 2017 as the base year. This intensity reduction target is consistent with keeping global warming to 1.5°C. For Scope 3 emissions, Klépierre aims to reduce downstream leased assets intensity by 41% per square metre by 2030, also from a 2017 base year. Additional Scope 3 targets include supporting retailers in achieving a 20% energy consumption reduction and reducing visitors' transport-related emissions to shopping centres by 40%. In 2023, Klépierre reported an intensity of 3.4 kgCO₂/m² for Scopes 1 and 2 emissions from building energy consumption, representing an 84% reduction compared to 2017. This also showed a 17% reduction compared to 2022. The company is continuing its efforts and is in the process of renewing its commitments with an even more ambitious trajectory. Klépierre's climate trajectory is confirmed to be compatible with the decarbonisation requirements set by EU Paris-aligned Benchmarks.