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 24 is lower than 55% 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 2022, Vastned Retail reported total carbon emissions of approximately 299,000 kg CO2e, comprising 90,300 kg CO2e from Scope 1 and 209,700 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. In 2021, their total emissions were about 76,700 kg CO2e, with Scope 1 emissions at 3,700 kg CO2e, Scope 2 emissions at 23,000 kg CO2e, and Scope 3 emissions of 5,700 kg CO2e, which included business travel and waste generated in operations. Vastned Retail has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The company’s emissions data is not cascaded from a parent organization, indicating that their reported figures are independently sourced. The latest available data highlights a significant focus on building greenhouse gas emissions intensity, with a reported intensity of 123 kg CO2e per square metre in 2023. This metric reflects their ongoing efforts to monitor and manage emissions related to their property portfolio. Overall, while Vastned Retail has made strides in emissions reporting, further commitments and reduction strategies would enhance their climate action profile.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 161,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 218,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 16,000 | - | - | - | - |
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.
