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.
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.
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.
Scentre's score of 14 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Scentre Group reported total emissions of approximately 186,264,000 kg CO2e, comprising 7,519,000 kg CO2e from Scope 1 and 178,745,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from previous years, particularly from 2021, when total emissions were about 221,475,000 kg CO2e. Scentre 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, starting from a baseline year of 2014. This commitment reflects the company's proactive approach to addressing climate change and reducing its carbon footprint. The company has consistently reported emissions across all relevant scopes, including Scope 1, Scope 2, and Scope 3, with the latter being significant in previous years. For instance, in 2015, Scope 3 emissions were reported at approximately 109,010,000 kg CO2e, highlighting the importance of addressing indirect emissions in their overall strategy. Scentre's ongoing efforts to reduce emissions align with industry standards and demonstrate a commitment to sustainability and responsible business practices in Australia and globally.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2017 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 178,745,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | - | - |
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.
Scentre is not participating in any of the initiatives that 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.