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Public Profile
Real Estate Services
AU
updated 8 months ago

Westfield Corporation Sustainability Profile

Company website

Westfield Corporation, a leading global retail property group, is headquartered in Australia and operates extensively across major markets, including the United States and the United Kingdom. Founded in 1960, the company has established itself as a key player in the shopping centre industry, focusing on the development and management of premium retail destinations. Westfield is renowned for its innovative approach to creating vibrant shopping environments that blend retail, dining, and entertainment. Its portfolio includes iconic centres such as Westfield London and Westfield World Trade Center, which are distinguished by their unique architectural designs and diverse tenant mix. With a strong market position, Westfield continues to achieve notable milestones, enhancing the shopping experience while driving foot traffic and tenant success.

DitchCarbon Score

How does Westfield Corporation'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.

68

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.

29

Industry Benchmark

Westfield Corporation's score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

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Westfield Corporation's reported carbon emissions

Inherited from Unibail-Rodamco-Westfield SE

Westfield Corporation, headquartered in Australia, currently does not have specific carbon emissions data available for the most recent year. The organisation is part of a merged entity with Unibail-Rodamco-Westfield SE, which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges directly attributed to Westfield Corporation. However, it is important to note that any climate initiatives or targets may be inherited from its parent company, Unibail-Rodamco-Westfield SE, which operates under the Science Based Targets initiative (SBTi) framework. This indicates a commitment to aligning with global climate goals, although specific targets have not been detailed in the available data. In summary, while Westfield Corporation does not currently report specific emissions figures or reduction targets, its affiliation with Unibail-Rodamco-Westfield SE suggests a potential alignment with broader climate initiatives and commitments within the corporate family.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201920202021202220232024
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
Scope 3
4,938,601,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Westfield Corporation's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Westfield Corporation's primary industry is Real Estate Services, which is low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Westfield Corporation's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Westfield Corporation is in AU, which has a very high grid carbon intensity relative to other regions.

Westfield Corporation's Scope 3 Categories Breakdown

Westfield Corporation's Scope 3 emissions, which increased by 46% last year and increased by approximately 72% since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 39% of Scope 3 emissions.

Top Scope 3 Categories

2024
Downstream Transportation & Distribution
39%
Downstream Leased Assets
6%
Investments
3%
Purchased Goods and Services
3%
Upstream Transportation & Distribution
2%
Fuel and Energy Related Activities
<1%
Capital Goods
<1%
Waste Generated in Operations
<1%
Employee Commuting
<1%
Business Travel
<1%

Westfield Corporation'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.

Westfield Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Westfield Corporation's Emissions with Industry Peers

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Derwent London

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Great Portland Estates

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•
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Ct Property Trust

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•
Services auxiliary to financial intermediation (67)
Updated 5 days ago

Segro

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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