Lar Espana
Lar España Real Estate Socimi, commonly referred to as Lar España, is a prominent player in the Spanish real estate sector, headquartered in Madrid, Spain. Founded in 2014, the company has rapidly established itself as a leader in the acquisition, development, and management of retail and commercial properties across key regions in Spain. Specialising in high-quality shopping centres and retail parks, Lar España focuses on enhancing the customer experience through innovative design and strategic location selection. The company has achieved significant milestones, including a robust portfolio that showcases its commitment to sustainability and community engagement. With a strong market position, Lar España is recognised for its impressive growth and resilience in the competitive real estate landscape, making it a trusted name for investors and stakeholders alike.
DitchCarbon Score
How does Lar Espana's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Lar Espana's score of 41 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Lar Espana's reported carbon emissions
In 2023, Lar España Real Estate SOCIMI, S.A. reported total greenhouse gas emissions of approximately 3,100,700 kg CO2e, with Scope 1 emissions at about 380,000 kg CO2e, Scope 2 emissions at approximately 2,826,000 kg CO2e, and no reported Scope 2 emissions from purchased electricity. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 46% by 2030, using 2019 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the goal of limiting global warming to 1.5°C. In 2022, total emissions were reported at approximately 395,717 kg CO2e, with Scope 1 emissions at about 586,000 kg CO2e and Scope 2 emissions at approximately 599,000 kg CO2e. The trend indicates a focus on improving energy efficiency and reducing carbon footprints across operations. Lar España's commitment to measuring and reducing its Scope 3 emissions further demonstrates its dedication to comprehensive climate action. The company is on track to meet its near-term targets, reflecting a proactive approach to sustainability in the real estate sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 754,310 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,867,446 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | - |
| Scope 3 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lar Espana is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
