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 21 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lar Espana's reported carbon emissions
In 2023, Lar España Real Estate SOCIMI, S.A. reported total carbon emissions of approximately 310,070 kg CO2e, with Scope 1 emissions at about 262,014 kg CO2e and Scope 2 emissions at approximately 27,555 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas 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 necessary reductions to limit global warming to 1.5°C. Over the years, Lar España has demonstrated a commitment to reducing its carbon footprint. For instance, in 2019, the company emitted approximately 745,422 kg CO2e, which indicates a significant reduction in emissions by 2023. The company also discloses Scope 3 emissions, which were reported at about 13,501 kg CO2e in 2023, and it is committed to measuring and reducing these emissions as part of its sustainability strategy. Overall, Lar España's proactive approach to climate commitments and its measurable targets reflect its dedication to environmental sustainability within the real estate sector in Spain.
Unlock detailed emissions data
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Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 754,310 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | - |
| Scope 2 | 2,867,446 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 000,000 | 00,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000 | 0,000 | 00,000 | 00,000 | 00,000 |
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 committed to some reduction initiatives 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.
