Vastned Retail
Vastned Retail N.V., headquartered in the Netherlands, is a prominent player in the retail property sector, specialising in the acquisition, development, and management of high-quality retail real estate. Founded in 1986, Vastned has established a strong presence in key European markets, including Belgium, France, and Spain, focusing on prime shopping locations that attract both international and local brands. The company’s portfolio is distinguished by its unique blend of retail spaces, ranging from high-street shops to shopping centres, catering to a diverse clientele. Vastned's commitment to sustainability and innovative property management strategies has positioned it as a leader in the retail real estate industry. With a robust market position and a track record of notable achievements, Vastned continues to shape the future of retail environments across Europe.
DitchCarbon Score
How does Vastned Retail'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 Retail Trade 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
Vastned Retail's score of 47 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vastned Retail's reported carbon emissions
In 2023, Vastned Retail reported total carbon emissions of approximately 59,319,701 kg CO2e. This figure includes 43,164 kg CO2e from Scope 1 emissions, 12,939,103 kg CO2e from Scope 2 emissions, and a significant 46,337,435 kg CO2e from Scope 3 emissions. This represents a reduction from 2022, where total emissions were about 69,082,021 kg CO2e, with Scope 1 at 45,683 kg CO2e, Scope 2 at 14,830,638 kg CO2e, and Scope 3 at 54,205,699 kg CO2e. Vastned Retail has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor does it have documented climate pledges. The company’s emissions data is self-reported and does not appear to be cascaded from a parent organization. The reported emissions intensity for building GHG emissions is approximately 123 kg CO2e per square metre, indicating a focus on monitoring and potentially improving the sustainability of their real estate portfolio. Overall, Vastned Retail is actively tracking its carbon footprint across all scopes, but further commitments or reduction initiatives have not been disclosed.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 161,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 |
| Scope 2 | 218,000 | 000,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 |
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.
Vastned Retail is not participating in any 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.
