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Taubman Centers, Inc., a prominent player in the real estate services 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 retail and mixed-use properties, primarily in major metropolitan areas across the US.
With a focus on creating unique shopping experiences, Taubman Centres are known for their innovative design and strategic location, catering to a diverse range of consumers. The company has achieved significant milestones, including the successful launch of several iconic shopping centres that blend luxury retail with entertainment options.
Recognised for its commitment to excellence, Taubman holds a strong market position, consistently delivering value to its stakeholders while enhancing the communities it serves.
25
DitchCarbon score
-4 vs industry average
Taubman Centers, Inc.’s score of 25 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Real Estate Services has above-average carbon intensity
Industry performance
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2024
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Taubman Centers, Inc.'s reported carbon emissions
Taubman Centers, Inc. reported total carbon emissions of approximately 110.6 million kg CO2e in 2021. This included about 6.4 million kg CO2e for Scope 1 emissions, approximately 58.1 million kg CO2e for Scope 2 emissions, and roughly 46.1 million kg CO2e for Scope 3 emissions.
As a current subsidiary of Simon Property Group, Inc., Taubman Centers, Inc. has established near-term absolute reduction targets for its operations. The company is committed to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2030, using a 2018 baseline. In 2018, Taubman Centers, Inc. reported combined Scope 1 and 2 emissions of approximately 130.4 million kg CO2e.
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Taubman Centers, Inc.’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Inherited from Simon Property Group, Inc.See details
Active
Carbon Disclosure Project
Inherited from Simon Property Group, Inc.Sign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Taubman Centers, Inc.14 days ago
25
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