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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 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 |
| 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 |
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.
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.