Scentre

Scentre's reported carbon emissions

Scentre, headquartered in Australia and operating in the transportation services via pipelines industry, has reported its carbon emissions data. For the fiscal year 2024, the company's total emissions were approximately 93.1 billion kg CO2e, encompassing Scope 1, Scope 2, and Scope 3 emissions. This figure is derived from Scope 1 emissions of about 10.2 million kg CO2e, Scope 2 emissions of approximately 175.1 million kg CO2e (location-based), and Scope 3 emissions of around 72.7 million kg CO2e. In 2023, Scentre's total emissions were approximately 163.0 billion kg CO2e, with Scope 1 at 7.5 million kg CO2e, Scope 2 at 178.7 million kg CO2e (location-based), and Scope 3 at about 77.5 million kg CO2e. The company has established several climate commitments. Scentre aims for Net Zero Emissions by 2030. Furthermore, the company commits to reduce Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2022 as the base year. Scentre also commits to reaching net-zero by 2045, with a target to reduce Scope 1, 2, and 3 emissions by 90% by 2045 from the 2022 base year. Previously, Scentre had an interim target to achieve a 50% reduction in Scope 1 and 2 emissions across its wholly-owned Westfield destinations by 2025, based on a 2014 baseline. In 2022, Scope 1 emissions were approximately 8.1 million kg CO2e, Scope 2 emissions were about 186.6 million kg CO2e (location-based), and Scope 3 emissions were around 76.1 million kg CO2e. In 2021, total emissions were approximately 206.2 million kg CO2e (location-based for Scope 2), with Scope 1 at 15.2 million kg CO2e and Scope 3 at 66.7 million kg CO2e. For the transportation services via pipelines industry, emissions are typically associated with the energy consumed during pipeline operation and maintenance, as well as any fugitive emissions.