- Persistently high inflation impacting the retail sector; energy crisis impacting consumer confidence and retailer profitability; limited access to tenant consumption data for complete Scope 3 emissions calculation; challenges in obtaining definitive energy labels due to missing consumption data.
Retail Estates nv
Greenhouse gas emissions & sustainability report data
In its 2023-2024 reporting, Retail Estates nv disclosed greenhouse gas emissions of 1.1M KgCO2e (portfolio) + 231 tCO2e (operations). 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
1.1M KgCO2e (portfolio) + 231 tCO2e (operations)
2023-2024
Renewable Energy
82% (Netherlands portfolio)
of total energy
Water Usage
41.5K m³ (portfolio) + 85 m³ (operations)
2023-2024
Waste
83 tons (portfolio) + 3.6 tons (operations)
2023-2024
Energy Use
4.6K MWh (portfolio) + 189 MWh (operations)
2023-2024
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-2024 | 1.1M KgCO2e (portfolio) + 231 tCO2e (operations) |
| 2022-04 to 2023-03 | 42.6K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Invested €12.5 million in ESG initiatives (14% of EPRA result), focusing on renewable energy and energy optimization of building envelopes.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete Belgian energy certificate inventory by end of 2024; upgrade 46 locations with charging stations in the coming year; equip all sites in Flanders with more than 20 parking spaces with charging stations by 1 January 2025.
📅 Medium-term
- Double the global rate of improvement in energy efficiency by 2030; substantially increase the share of renewable energy in the global energy mix by 2030; achieve sustainable management and efficient use of natural resources by 2030; substantially reduce waste generation by 2030.
🔭 Long-term
- Net zero emissions by 2050; all buildings in the EU should be emission-free by 2050.
🌱 ESG Focus Areas
Energy EfficiencyGreenhouse Gas Emission ReductionClimate Resilience & Adaptation