As of 2023, CPI Property Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into CPI Property Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Franchises (Cat. 14) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2023, CPI Property Group has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories.
As of 2023, CPI Property Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.
CPI Property Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 853,463 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 32.4% by 2030.
As of 2022, CPI Property Group is ahead of schedule on its total carbon footprint reduction target, having achieved 70% of the planned reduction.