Parque Arauco
Parque Arauco S.A., a prominent player in the retail and real estate industry, is headquartered in Santiago, Chile, with significant operations across Chile, Peru, and Colombia. Founded in 1982, the company has established itself as a leader in the development and management of shopping centres, offering a diverse range of retail, entertainment, and dining experiences. Parque Arauco is renowned for its innovative approach to creating vibrant commercial spaces that cater to the evolving needs of consumers. Its flagship properties, such as Parque Arauco in Santiago, feature a unique blend of local and international brands, making them a preferred destination for shoppers. With a strong market position and a commitment to sustainability, Parque Arauco continues to achieve notable milestones, solidifying its reputation as a key player in the Latin American retail landscape.
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 39 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Parque Arauco's reported carbon emissions
In 2023, Parque Arauco reported total carbon emissions of approximately 53.5 million tonnes CO2e, comprising 652,000 tonnes from Scope 1, 1.77 million tonnes from Scope 2, and about 47.9 million tonnes from Scope 3 emissions. This marks a significant increase in emissions compared to previous years, reflecting the company's ongoing operations and expansion. Parque Arauco is committed to climate action through its participation in the "Business Ambition for 1.5°C" initiative, which aligns with global efforts to limit temperature rise. The company is also involved in the Climate Ambition Accelerator, demonstrating its dedication to reducing its carbon footprint and enhancing sustainability practices within the real estate investment and services sector. While specific reduction targets have not been detailed, Parque Arauco's engagement in these initiatives indicates a proactive approach to addressing climate change and improving its environmental performance. The company continues to monitor and report its emissions, striving for transparency and accountability in its climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 140,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 20,012,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 20,152,000 | - | 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 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.
