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.
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
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.
Retail Estates's reported carbon emissions
In 2023, Retail Estates reported significant carbon emissions, totalling approximately 41,341,000 kg CO2e across all scopes. This includes 766,000 kg CO2e from Scope 1, 519,000 kg CO2e from Scope 2, and a substantial 41,341,000 kg CO2e from Scope 3 emissions. The following year, 2024, emissions were reported at approximately 39,617 kg CO2e in Belgium, with 213 kg CO2e from Scope 1, 18 kg CO2e from Scope 2, and 1,601 kg CO2e from Scope 3. In the Netherlands, emissions for 2024 were approximately 40,000 kg CO2e, comprising 521 kg CO2e from Scope 1, 847 kg CO2e from Scope 2, and 39,611 kg CO2e from Scope 3. Retail Estates has not disclosed specific reduction targets or initiatives, indicating a potential area for improvement in their climate commitments. The company operates within the retail real estate sector, which is increasingly focused on reducing carbon footprints and enhancing sustainability practices. As such, Retail Estates may benefit from establishing clear reduction goals aligned with industry standards to enhance their climate strategy.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 766,000 | 000,000 |
| Scope 2 | 519,000 | 000,000 |
| Scope 3 | 41,341,000 | 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.
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.
