In 2025, Citycon completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Citycon has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,193a | 1,015a | 1,050a | |
Total Scope 2 | ||||
Market-Based | 977a | 3,036a | 4,375a | |
Location-Based | 10,186a | 12,085a | 27,193a | |
Total Scope 3 | 110,511a | 181,708a | 186,279a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.3424a | 3.0348a | 3.2713a |
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In 2025, the total operational greenhouse gas (GHG) emissions of Citycon amounted to 11,379 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of Citycon decreased by 13.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of Citycon were 1,193 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Citycon's Scope 1 emissions have increased by 75.7%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2024), Citycon's Scope 1 emissions increased by 17.54%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, Citycon reported Scope 2 greenhouse gas (GHG) emissions of 977 tCO₂e using the market-based method and 10,186 tCO₂e using the location-based method.a
Since 2019, Citycon's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 76.07%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2024), Citycon's Scope 2 emissions (Location-Based) fell by 15.71% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2025, Citycon reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Citycon reported 110,511 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of Citycon includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Citycon reported total Scope 3 emissions of 110,511 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 64.12% of these emissions originated from upstream activities such as purchased goods and capital goods, while 35.88% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Citycon's Scope 3 emissions have increased by 6,921.03%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2024), Citycon's Scope 3 emissions decreased by 39.18%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2025, Citycon reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to Citycon's Scope 3 emissions were:a
In 2025, Citycon reported Scope 1 greenhouse gas (GHG) emissions of 1,193 tCO₂e and total revenues of USD 357 millions. This translates into an emissions intensity of 3.34 tCO₂e per millions USD.a
In 2025, Citycon reported a Scope 1 emissions intensity of 3.34 tCO₂e per millions USD. Compared to the peer group median of 2.84, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Citycon ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Citycon is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Citycon reported a total carbon footprint of 121,890 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 37.43% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Citycon's total carbon footprint was Scope 3 emissions, accounting for 90.66% of the company's total carbon footprint, followed by Scope 2 emissions at 8.36%.a