Unibail Rodamco Westfield

In 2024, Unibail Rodamco Westfield (URW) reported total carbon emissions of approximately 4,244,604,000 kg CO2e. This figure includes Scope 1 emissions of about 14,917,000 kg CO2e, Scope 2 emissions of approximately 25,168,000 kg CO2e (market-based), and a significant Scope 3 total of around 8,499,899,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, committing to a 90% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2015 baseline, and a 50% reduction in absolute Scope 3 emissions within the same timeframe. Additionally, URW aims to achieve net-zero greenhouse gas emissions across its value chain by 2050. In 2023, URW's total emissions were approximately 2,917,164,000 kg CO2e, with Scope 1 emissions at about 15,835,000 kg CO2e and Scope 2 emissions at approximately 13,530,000 kg CO2e (market-based). The Scope 3 emissions for that year were around 5,841,388,000 kg CO2e. URW's commitment to sustainability is further demonstrated through its participation in the Science Based Targets initiative (SBTi), aligning its goals with the 1.5°C climate target. The company has also pledged to reduce emissions associated with visitor transportation by 40% per visitor by 2030. Overall, URW's climate strategy reflects a strong commitment to reducing its carbon emissions and contributing to global climate goals, with a focus on both immediate and long-term sustainability initiatives.