Achieving Net Zero
ACT AS A CLIMATE LEADER
We have multiple climate challenges to meet, including reducing our direct greenhouse gas emissions, integrating a broader carbon footprint and developing resilient assets.
NET ZERO CARBON PORTOFOLIO
OUR OBJECTIVES FOR 2030
ENERGY EFFICIENCY
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Reach an average portfolio energy efficiency of 70 kWh/sq.m
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Measure our retailers’ private energy consumption in our shopping centers
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Support our retailers in achieving a 20% reduction in their energy consumption
PRODUCTION OF RENEWABLES
Produce renewable energy locally to reach up to 30% of self consumption for our top 40 assets
MOBILITY
Engage our visitors with the aim of achieving a 40% decrease in carbon emissions related to their transportation
CIRCULAR ECONOMY
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Enhance all waste with a strong focus on recovering materials
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Ensure all our new development/refurbishment projects include low-carbon solutions
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Support our retailers in creating low-carbon shops (structural works + fit outs)
BIODIVERSITY
Commit to net-zero land use for all shopping center development projects
CERTIFICATION
Obtain operational sustainability certification for all our shopping centers