Parque Arauco, a leading player in the real estate services sector, is headquartered in Santiago, Chile. Founded in 1982, the company has established a strong presence in the retail and commercial property markets, primarily operating in Chile, Peru, and Colombia. Specialising in the development and management of shopping centres, Parque Arauco is renowned for its innovative approach to creating vibrant retail environments that enhance customer experiences.
With a portfolio that includes iconic shopping destinations, Parque Arauco has achieved significant milestones, including the successful expansion of its properties across Latin America. The company is recognised for its commitment to sustainability and community engagement, setting it apart in the competitive real estate landscape. As a result, Parque Arauco has solidified its position as a market leader, continually adapting to the evolving needs of consumers and retailers alike.
-4 vs industry average
Parque Arauco’s score of 24 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Parque Arauco's reported carbon emissions
Parque Arauco, a real estate services company headquartered in Chile (CL), has reported its carbon emissions and set ambitious climate commitments. In 2024, the company recorded Scope 3 emissions totalling approximately 47,234,000 kg CO2e, alongside Scope 1 and 2 emissions of approximately 5,351,000 kg CO2e. This follows a trend of increasing Scope 3 emissions from 42,467,000 kg CO2e in 2023 and 40,021,000 kg CO2e in 2022. Conversely, Scope 1 and 2 emissions have seen a decrease, from approximately 5,617,000 kg CO2e in 2023 to 5,351,000 kg CO2e in 2024. In 2021, Scope 1 and 2 emissions were approximately 1,604,000 kg CO2e. Parque Arauco has committed to significant emission reductions through Science Based Targets initiative (SBTi). They aim to reduce absolute Scope 1 and 2 GHG emissions by 37.8% by 2029, using 2022 as a base year. Furthermore, the company is targeting a 48% reduction per square meter of gross leasable area for Scope 3 emissions, specifically from purchased goods and services, waste generated in operations, and downstream leased assets, within the same timeframe. These targets are aligned with a 1.5°C warming scenario. The company's sustainability efforts are documented in its integrated reports, including those from 2024 and 2023.
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Parque Arauco’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Parque Arauco yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Parque Arauco
Frequently asked questions
Common questions about Parque Arauco’s sustainability data and climate commitments
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