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 86 is higher than 93% 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 (URW) reported total carbon emissions of approximately 4,244,604,000 kg CO2e. This figure includes 14,917,000 kg CO2e from Scope 1 emissions, 25,168,000 kg CO2e from Scope 2 (market-based), and a significant 8,499,899,000 kg CO2e from Scope 3 emissions. The total emissions for 2023 were about 2,917,164,000 kg CO2e, with Scope 1 at 15,835,000 kg CO2e, Scope 2 (market-based) at 13,530,000 kg CO2e, and Scope 3 at 5,841,388,000 kg CO2e. URW has set ambitious climate commitments, aiming to reduce absolute emissions from Scopes 1 and 2 by 90% by 2030, using 2015 as the base year. Additionally, the company targets a 50% reduction in absolute Scope 3 emissions within the same timeframe. By 2050, URW aims to achieve net-zero GHG emissions across its entire value chain. The company’s reduction initiatives are aligned with the Science Based Targets initiative (SBTi), which confirms that their targets are consistent with limiting global warming to 1.5°C. URW's commitment includes a specific goal to reduce Scope 3 emissions associated with downstream transportation and distribution by 40% per visitor by 2030. Overall, URW's emissions data and climate commitments reflect a strong dedication to sustainability and significant reductions in greenhouse gas emissions, positioning the company as a leader in the real estate sector's response to climate change.
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| 2015 | 2018 | 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 | 00,000,000 |
| Scope 3 | 4,938,601,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
