Retail Estates Sustainability Profile
Retail Estates, headquartered in Belgium, is a prominent player in the retail real estate sector, specialising in the acquisition, development, and management of retail properties. Founded in 1999, the company has established a strong presence across major operational regions in Belgium and beyond, focusing on enhancing the retail landscape. With a diverse portfolio that includes shopping centres, retail parks, and standalone stores, Retail Estates is recognised for its strategic approach to property investment and development. The company’s commitment to sustainability and innovation sets it apart in the industry, ensuring that its properties meet the evolving needs of consumers and retailers alike. As a leader in the retail real estate market, Retail Estates has achieved significant milestones, including a robust market position and a reputation for delivering high-quality retail environments. Its unique blend of expertise and vision continues to drive growth and success in the competitive retail sector.
DitchCarbon Score
How does Retail Estates'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 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.
Industry Benchmark
Retail Estates's score of 33 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Retail Estates's reported carbon emissions
In 2024, Retail Estates, headquartered in Belgium (BE), reported total carbon emissions of approximately 267,111 kg CO2e. This figure includes 111,221 kg CO2e from Scope 1 emissions and 170,904 kg CO2e from Scope 3 emissions. Notably, the company has set ambitious climate commitments, aiming for CO2 neutrality by 2030 for both Scope 1 and Scope 2 emissions. Additionally, Retail Estates targets a 30% reduction in direct greenhouse gas emissions from 2021 levels by 2025. The company's emissions data is not cascaded from any parent organization, ensuring that these figures reflect its independent operations. Retail Estates is actively working towards enhancing its sustainability practices, which include initiatives such as installing car parks with charging stations to support electric vehicles. As part of its commitment to climate action, the company is focused on reducing its carbon footprint while maintaining transparency in its reporting.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 766,000 | 000,000 |
| Scope 2 | 519,000 | 00,000 |
| Scope 3 | - | 00,000,000 |
How Carbon Intensive is Retail Estates's Industry?
How Carbon Intensive is Retail Estates's Location?
Retail Estates'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.
Retail Estates 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.
