- Failure to take into account stakeholders’ growing expectations regarding sustainability
- Bribery and corruption risk, money laundering and financing of terrorism or non-compliance with regulations
- Non-transparency in reporting of lobbying activities
- Breach of personal data and cyber security
- Failure to provide a safe and healthy environment for employees, tenants and contractors
- Non-engagement of employees
- Lack of key competencies
- Lack of profile diversity
- Inadequate contribution to local social and economic developments
- Risk of local protest and local unacceptability of activities
VGP NV
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, VGP NV disclosed greenhouse gas emissions of 420.0K tCO2e. By scope: Scope 1: 924 tCO2e; Scope 2: 174 tCO2e; Scope 3: 419.1K tCO2e. 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
420.0K tCO2e
2023
Renewable Energy
23%
of total energy
Water Usage
385.8K m3
2023
Waste
31.0K tons
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). | 924 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 174 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 419.1K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 34% Scope 1 and 2 emissions intensity reduction since 2020
- 5% Scope 3 - embodied carbon intensity reduction since 2020
- 23% Scope 3 - portfolio use intensity reduction since 2020
- 80.2% Circular economy – recycled waste from construction sites
- 109% Solar power generation (including pipeline) as % of tenant electricity consumption
- 2,054 tCO2 Annual carbon emissions savings through eco-efficiency measures
- 548,000 m2 Total size of biotopes created in or around VGP Parks
- 4,040 Additional trees planted in 2023 in existing parks
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce emissions from construction by -20% by 2030
- Reduce emissions from other own activities by -50% by 2030
- Reduce emissions from energy consumption in buildings by -55% by 2030
- Multiply its installed capacity of on-site renewable energy by 2025, compared to 2020
📅 Medium-term
- Achieve 100% electricity from renewable sources for assets under Group control by 2030
🔭 Long-term
- Contribute to global carbon neutrality by 2050
🌱 ESG Focus Areas
Address climate changeSustainable propertiesImprove eco-efficiencyProtect and improve biodiversityEmpowering our workforce