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 includes Scope 1 emissions of about 14,917,000 kg CO2e, Scope 2 emissions of approximately 25,168,000 kg CO2e (market-based), and a significant Scope 3 total of around 8,499,899,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to a 90% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2015 baseline, and a 50% reduction in absolute Scope 3 emissions within the same timeframe. Furthermore, URW aims to achieve net-zero emissions across its entire value chain by 2050. In 2023, URW's total emissions were reported at approximately 2,917,164,000 kg CO2e, with Scope 1 emissions at about 15,835,000 kg CO2e, Scope 2 emissions (market-based) at approximately 13,530,000 kg CO2e, and Scope 3 emissions reaching around 5,841,388,000 kg CO2e. The company has consistently disclosed emissions across all three scopes, demonstrating transparency in its sustainability efforts. URW's reduction initiatives are aligned with the Science Based Targets initiative (SBTi), which validates their targets as consistent with the reductions required to limit global warming to 1.5°C. The company is on track to meet its near-term targets, with a commitment to reduce emissions from operational energy use by 80% per square meter by 2030. Overall, URW's climate commitments reflect a robust strategy to mitigate its environmental impact while promoting sustainable practices within the real estate sector.
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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.
