Parque Arauco SA

Common Name
Parque Arauco
Country
Chile
Sector
Real Estate
Industry
Real Estate - Diversified
Employees
N/A
Ticker
PARAUCO
Exchange
SANTIAGO STOCK EXCHANGE
Description
Parque Arauco S.A. is a leading real estate company specializing in the development and management of commercial properties. Its primary function is to own and operate a diverse portfolio of shopping ...

Parque Arauco's Climate Target Data Preview

As of 2023, Parque Arauco 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 Parque Arauco ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2029
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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b
2029
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Verified Sources Behind Parque Arauco’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Parque Arauco’s data sources below and access millions more through our Disclosure Search.

a. Parque Arauco's Integrated Report 2023
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b. Parque Arauco's ESG Investor Presentation 2023
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Insights into Parque Arauco's Greenhouse Gas Emissions Pathways

As of 2023, Parque Arauco has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b

Does Parque Arauco have a target to reduce the emissions from its operations?

As of 2023, Parque Arauco has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

Parque Arauco's most ambitious operational target is to reduce these emissions by 37.8% by 2029, compared to a baseline of 9,041 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a b

Parque Arauco has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2029 value, achieving its climate goal ahead of schedule. a b

Parque Arauco's Operational (Scope 1+2) Emissions Pathway

20222023202902.5 k5 k7.5 k10 kBaselineCurrent (-38%)
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