Vastned Retail Sustainability Profile
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 67% 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, headquartered in the Netherlands, reported total carbon emissions of approximately 59.3 million kg CO2e. This figure includes Scope 1 emissions of about 43,164 kg CO2e, Scope 2 emissions of approximately 12.9 million kg CO2e, and Scope 3 emissions of around 46.3 million kg CO2e. Comparatively, in 2022, the company's total emissions were approximately 69.1 million kg CO2e, with Scope 1 at about 45,683 kg CO2e, Scope 2 at approximately 14.8 million kg CO2e, and Scope 3 at around 54.2 million kg CO2e. This indicates a significant reduction in total emissions of about 9.8 million kg CO2e from 2022 to 2023. Vastned Retail has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The company does not appear to have cascaded emissions data from a parent organization, and its climate strategy remains unspecified. Overall, Vastned Retail's emissions data reflects its ongoing efforts to manage and reduce its carbon footprint within the retail sector.
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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 |
How Carbon Intensive is Vastned Retail's Industry?
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Vastned Retail's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Vastned Retail has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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