Sonae Sierra
Sonae Sierra, a prominent player in the retail property sector, is headquartered in Portugal (PT) and operates extensively across Europe and Brazil. Founded in 1998, the company has established itself as a leader in the development and management of shopping centres, blending innovative design with sustainable practices. Specialising in retail real estate, Sonae Sierra offers a unique portfolio of services, including asset management, development, and investment, which distinguishes it in a competitive market. The company is recognised for its commitment to sustainability and community engagement, achieving notable milestones such as the development of award-winning shopping centres. With a strong market position, Sonae Sierra continues to expand its influence, focusing on enhancing customer experiences and driving value for stakeholders in the dynamic retail landscape.
DitchCarbon Score
How does Sonae Sierra'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
Sonae Sierra's score of 33 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sonae Sierra's reported carbon emissions
In 2021, Sonae Sierra reported total greenhouse gas (GHG) emissions of approximately 442,311,000 kg CO2e across all scopes, with Scope 1 emissions at about 7,511,000 kg CO2e, Scope 2 at approximately 6,595,000 kg CO2e, and Scope 3 emissions at around 442,311,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 GHG emissions by 73% per square metre by 2030, using 2019 as the base year. Additionally, Sonae Sierra targets a 55% reduction in Scope 3 emissions from purchased goods and services per square metre developed by 2030, and a 46.2% reduction in all other absolute Scope 3 emissions by the same year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. Sonae Sierra's commitment reflects its dedication to sustainability and reducing its carbon footprint in the real estate sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2025 | |
|---|---|---|---|---|---|---|
| Scope 1 | 11,933,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 19,271,000 | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 725,150,000 | - | 000,000,000 | - | 000,000,000 | - |
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.
Sonae Sierra is committed to some 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.
