Unibail Rodamco Westfield
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 58 is higher than 98% 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 2023, Unibail-Rodamco-Westfield reported total carbon emissions of approximately 2,917,164,000 kg CO2e. This figure includes 15,835,000 kg CO2e from Scope 1 emissions, 13,530,000 kg CO2e from Scope 2 emissions, and a significant 5,841,388,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 50% by 2030, using 2015 as the base year. Additionally, they plan to achieve an 80% reduction in emissions from operational energy use per square metre over the same timeframe. For Scope 3 emissions, specifically those associated with the transportation of visitors to their shopping centres, Unibail-Rodamco-Westfield targets a 40% reduction per visitor by 2030. Looking further ahead, the company has committed to reaching net-zero greenhouse gas emissions across its entire value chain by 2050. This long-term goal includes 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 commitments align with industry standards and reflect Unibail-Rodamco-Westfield's dedication to addressing climate change and reducing its carbon footprint.
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| 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 23,434,000 | 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 |
| 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 |
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.
Unibail Rodamco Westfield is participating in some 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.
