- Climate change (physical and transition risks)
- Cyber attacks
- Development project challenges (profitability, licensing, execution)
- Financing challenges
- Client portfolio growth and renewal
- Cost of living crisis
- Digital transformation
- Breach of financial covenants
- Inflation
- Interest rate fluctuation
Sonae Sierra SGPS, S.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Sonae Sierra SGPS, S.A. disclosed greenhouse gas emissions of 77.1K tCO2e (EQS) (Scope 3). By scope: Scope 1: 3.8K tCO2e (EQS); Scope 2: 5.9K tCO2e (EQS); Scope 3: 77.1K tCO2e (EQS). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
77.1K tCO2e (EQS) (Scope 3)
2023
Renewable Energy
92% (electricity)
of total energy
Water Usage
908 Megalitres
2023
Waste
23.4K tonnes
2023
Energy Use
489.2K GJ
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3.8K tCO2e (EQS) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.9K tCO2e (EQS) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 77.1K tCO2e (EQS) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 77.1K tCO2e (EQS) (Scope 3) |
| 2019 | 20.6K tCO2e (2019) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced electricity consumption by 68% since 2002
- Reduced water consumption by 41% since 2003
- Reduced GHG emissions intensity (Scope 1 and 2) by 88% since 2005 (market-based approach)
- Increased waste recycling rate by 48 percentage points since 2002 (to 67%)
- Reduced waste landfill rate by 41 percentage points since 2007 (to 14%)
- Science-based targets approved by the SBTi for 2030 emission reductions
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve 2024 targets for energy, water, waste, and emissions reductions
📅 Medium-term
- Reduce scope 1 and 2 GHG emissions per square metre by 73% by 2030
- Reduce scope 3 GHG emissions from purchased goods and services by 55% per square meter developed by 2030
- Reduce all other absolute scope 3 GHG emissions by 46.2% by 2030
- Achieve 25% water reuse/recycling in assets with high climate-related risks by 2030
- Achieve 80% waste recycling rate by 2030
🔭 Long-term
- Achieve carbon neutrality by 2040
🌱 ESG Focus Areas
Sustainable BuildingsResponsible InvestmentManagement of Service Client Sustainability ProfileClimate Change ResilienceCircular EconomyResponsible ProcurementManagement of Tenant/Occupier SustainabilityImpact on Local CommunitiesHuman Capital ManagementEmployee Health, Safety & Well-beingBusiness Ethics, Transparency and Anti-Corruption