- High interest rates negatively impacting real estate asset valuation, resulting in measurement losses.
- Temporary vacancies due to major restructuring measures at some centers.
- Retailer insolvencies impacting tenant landscape.
- Ongoing macroeconomic uncertainties (war in Ukraine, inflation, etc.).
Deutsche EuroShop AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Deutsche EuroShop AG disclosed greenhouse gas emissions of 4.8K tCO2e (2023). By scope: Scope 1: 4.8K tCO2e (2023); Scope 2: 12.3K tCO2e (2023 location-based). 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
4.8K tCO2e (2023)
2023
Renewable Energy
80.87% (2023)
of total energy
Water Usage
518.8K m3 (2023)
2023
Waste
9.9K tons (2023)
2023
Energy Use
84.9M kWh (2023)
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). | 4.8K tCO2e (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 12.3K tCO2e (2023 location-based) |
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 | 4.8K tCO2e (2023) |
| 2021 | 38.7K tCO2e (location-based Scope 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- All 21 shopping centers received DGNB sustainability certificates (10 Platinum, 11 Gold).
- 20 out of 21 centers used exclusively green electricity in 2023, reducing CO2 emissions by approximately 23,060 tonnes.
- Installation of a new photovoltaic system at the Rhein-Neckar-Zentrum, covering 21% of the center's electricity consumption.
- Beehives installed on the roofs of City-Arkaden Wuppertal and A10 Center Wildau, promoting biodiversity.
🎯 Climate & Sustainability Targets
📅 Medium-term
- Further diversification of capital and financing structure.
- Increase in loan-to-value ratio to 50-60%.
🔭 Long-term
- Maintain and increase shareholder assets.
- Generate sustainably high surplus liquidity from leasing real estate.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance