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 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 and 13,530,000 kg CO2e from Scope 2 emissions, while Scope 3 emissions accounted for about 5,841,388,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. In the near term, Unibail-Rodamco-Westfield targets a 90% reduction in absolute Scope 1 and 2 emissions by 2030, using 2015 as the baseline year. Additionally, it aims to reduce absolute Scope 3 emissions by 50% within the same timeframe, with a specific goal of decreasing emissions from downstream transportation and distribution by 40% per visitor. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices in the real estate sector. Unibail-Rodamco-Westfield's long-term strategy includes maintaining at least a 90% reduction in Scope 1 and 2 emissions from 2030 through 2050, alongside a 90% reduction in Scope 3 emissions by 2050.
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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 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.
