Parque Arauco
Parque Arauco S.A., a leading player in the retail and real estate industry, is headquartered in Santiago, Chile. Founded in 1982, the company has established itself as a prominent developer and operator of shopping centres across Chile, Peru, and Colombia. With a focus on creating vibrant commercial spaces, Parque Arauco offers a diverse range of retail, dining, and entertainment options that cater to various consumer needs. The company is renowned for its innovative approach to shopping centre design and management, ensuring a unique experience for visitors. Notable achievements include the successful expansion of its flagship centres, which have become key destinations in their respective markets. As a result, Parque Arauco holds a strong market position, continually enhancing its portfolio to meet evolving consumer preferences.
DitchCarbon Score
How does Parque Arauco'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
Parque Arauco's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Parque Arauco's reported carbon emissions
In 2024, Parque Arauco reported total greenhouse gas emissions of approximately 5,351,000 kg CO2e for Scope 1 and 2, alongside 47,234,000 kg CO2e for Scope 3 emissions. In 2023, the figures were slightly higher, with Scope 1 and 2 emissions at about 5,617,000 kg CO2e and Scope 3 emissions at approximately 42,467,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to a 37.8% reduction in absolute Scope 1 and 2 emissions by 2029, using 2022 as the baseline year. Additionally, Parque Arauco aims to decrease Scope 3 emissions from purchased goods and services, waste generated in operations, and downstream leased assets by 48% per square metre of gross leasable area within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C.
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| 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 531,000 | 000,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 | - | - | - |
| Scope 2 | 12,628,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | - | - |
| Scope 3 | - | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Parque Arauco 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.
