Scentre Sustainability Profile
Scentre Group, a leading retail property group, is headquartered in Australia and primarily operates across the Australian and New Zealand markets. Founded in 2014, Scentre Group emerged from the demerger of Westfield Group, focusing on the management and development of retail destinations. The company is renowned for its ownership and operation of Westfield shopping centres, which are distinguished by their innovative design and customer-centric experiences. Scentre Group's portfolio includes some of the most iconic retail spaces, making it a key player in the retail property industry. With a commitment to sustainability and community engagement, Scentre Group has achieved notable milestones, including recognition for its environmental initiatives. Its strategic approach to retail management positions Scentre Group as a market leader, continually enhancing the shopping experience for millions of visitors each year.
DitchCarbon Score
How does Scentre'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 Pipeline Transportation 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
Scentre's score of 19 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Scentre's reported carbon emissions
In 2024, Scentre Group reported total carbon emissions of approximately 315.3 million kg CO2e, comprising 10.2 million kg CO2e from Scope 1 and 175.1 million kg CO2e from Scope 2 emissions. The company has set an ambitious interim target to achieve a 50% reduction in Scope 1 and 2 emissions across its wholly-owned Westfield destinations by 2025, building on a commitment initiated in 2014. In 2023, Scentre's total emissions were approximately 186.3 million kg CO2e, with Scope 1 emissions at 7.5 million kg CO2e and Scope 2 emissions at 178.7 million kg CO2e. The trend shows a significant increase in emissions from 2022, where the total was approximately 194.7 million kg CO2e. Scentre Group has not disclosed Scope 3 emissions data for 2024 and 2023, but previous years indicate a focus on reducing overall carbon footprints. The company is actively working towards its climate commitments, aiming for substantial reductions in its operational emissions as part of its sustainability strategy.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 0,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
How Carbon Intensive is Scentre's Industry?
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Scentre's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Scentre has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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