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Taubman Centers, Inc.
Taubman Centers, Inc., a prominent player in the retail real estate industry, is headquartered in the United States. Founded in 1950, the company has established itself as a leader in the development and management of high-quality shopping centres across major operational regions, including the United States and Asia. Specialising in the ownership and operation of regional malls, Taubman is renowned for its unique blend of luxury retail, dining, and entertainment experiences. The company’s commitment to creating vibrant shopping environments has earned it a distinguished market position, with notable achievements in enhancing customer engagement and tenant satisfaction. With a focus on innovation and sustainability, Taubman continues to shape the future of retail spaces, making it a key player in the evolving landscape of commercial real estate.
DitchCarbon Score
How does Taubman Centers, Inc.'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
Taubman Centers, Inc.'s score of 36 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taubman Centers, Inc.'s reported carbon emissions
In 2021, Taubman Centers, Inc. reported total carbon emissions of approximately 110,600,000 kg CO2e. This figure includes Scope 1 emissions of about 6,400,000 kg CO2e, Scope 2 emissions of approximately 58,100,000 kg CO2e, and Scope 3 emissions of around 46,100,000 kg CO2e. Taubman has set ambitious climate commitments, aiming for a 30% reduction in greenhouse gas emissions by 2030, using a 2018 baseline. This target applies to both Scope 1 and Scope 2 emissions. The company is part of a corporate family relationship with Simon Property Group, Inc., which influences its sustainability initiatives and reporting. Taubman Centres, Inc. is committed to sustainable practices and has endorsed the Science Based Targets initiative (SBTi), aligning its goals with industry standards for climate action. The company’s long-term strategy reflects a dedication to minimising environmental impact while creating value for shareholders.
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| 2021 | |
|---|---|
| Scope 1 | 6,400,000 |
| Scope 2 | 58,100,000 |
| Scope 3 | 46,100,000 |
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.
Taubman Centers, Inc. 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.
