Unibail Rodamco Westfield Sustainability Profile
Unibail-Rodamco-Westfield (URW) is a leading global developer and operator of flagship shopping destinations, headquartered in France. Established in 1960, the company has evolved through significant milestones, including the merger of Unibail and Rodamco in 2007, followed by the acquisition of Westfield Corporation in 2018. URW primarily operates in Europe and the United States, focusing on retail, office, and leisure spaces. The company is renowned for its innovative approach to creating vibrant shopping centres that blend retail with entertainment and dining experiences. URW's portfolio includes iconic properties such as Westfield London and Les Quatre Temps in Paris, positioning it as a market leader in the retail real estate sector. With a commitment to sustainability and community engagement, Unibail-Rodamco-Westfield continues to redefine the shopping experience while maintaining a strong competitive edge.
DitchCarbon Score
How does Unibail Rodamco Westfield'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
Unibail Rodamco Westfield's score of 91 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Unibail Rodamco Westfield's reported carbon emissions
In 2024, Unibail-Rodamco-Westfield reported total carbon emissions of approximately 4.2 billion kg CO2e, comprising 14,917,000 kg CO2e from Scope 1, 25,168,000 kg CO2e from Scope 2, and about 8.5 billion kg CO2e from Scope 3 emissions. This represents a significant increase from 2023, where total emissions were approximately 2.9 billion kg CO2e, with Scope 1 emissions at 15,835,000 kg CO2e, Scope 2 at 13,530,000 kg CO2e, and Scope 3 at about 5.8 billion kg CO2e. Unibail-Rodamco-Westfield has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 50% by 2030, using 2015 as the baseline year. Additionally, they aim to reduce Scope 3 emissions associated with downstream transportation and distribution by 40% per visitor by 2030. The company’s long-term targets include maintaining at least a 90% reduction in absolute Scope 1 and 2 emissions from 2030 through 2050, alongside a 90% reduction in Scope 3 emissions by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect a commitment to significant emissions reductions in the real estate sector.
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| 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 23,434,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 132,018,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 4,938,601,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Unibail Rodamco Westfield's Scope 3 Categories Breakdown
Unibail Rodamco Westfield's Scope 3 emissions, which increased by 46% last year and increased by approximately 72% since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 39% of Scope 3 emissions.
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Unibail Rodamco Westfield's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Unibail Rodamco Westfield has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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