Public Profile

Retail Estates

Retail Estates, headquartered in Belgium, is a prominent player in the retail real estate sector, specialising in the acquisition, development, and management of retail properties. Founded in 1999, the company has established a strong presence across major operational regions in Belgium and beyond, focusing on enhancing the retail landscape. With a diverse portfolio that includes shopping centres, retail parks, and standalone stores, Retail Estates is recognised for its strategic approach to property investment and development. The company’s commitment to sustainability and innovation sets it apart in the industry, ensuring that its properties meet the evolving needs of consumers and retailers alike. As a leader in the retail real estate market, Retail Estates has achieved significant milestones, including a robust market position and a reputation for delivering high-quality retail environments. Its unique blend of expertise and vision continues to drive growth and success in the competitive retail sector.

DitchCarbon Score

How does Retail Estates'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.

53

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.

26

Industry Benchmark

Retail Estates's score of 53 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Retail Estates's reported carbon emissions

In 2024, Retail Estates reported carbon emissions of approximately 734,000 kg CO2e for Scope 1, 865,000 kg CO2e for Scope 2, and 41,212,000 kg CO2e for Scope 3 on a global scale. In Belgium specifically, the company recorded emissions of about 213 kg CO2e for Scope 1, 18 kg CO2e for Scope 2, and 1,601 kg CO2e for Scope 3. Retail Estates has not disclosed any specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions, indicating a commitment to transparency in their environmental impact. The company’s emissions intensity from building energy consumption is reported at 3,350 kg CO2e per square metre for 2024, reflecting their ongoing efforts to assess and manage their carbon footprint. Overall, while specific reduction targets are not outlined, Retail Estates is actively engaged in tracking their emissions across various scopes, demonstrating a foundational approach to climate responsibility.

Unlock detailed emissions data

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20232024
Scope 1
766,000
000,000
Scope 2
519,000
000,000
Scope 3
41,341,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Retail Estates's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Retail Estates is headquartered in BE, which has a rank of very low, indicating very low grid carbon 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.

Retail Estates is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers