Scentre Group

Country
Australia
Sector
Real Estate
Industry
REIT - Retail
Employees
2,860
Ticker
SCG
Exchange
ASX
Description
Scentre Group is a renowned retail property manager and developer, primarily operating in the Australia and New Zealand markets. The firm's core business revolves around owning and operating premier s...

Scentre Group's GHG Emissions Data Preview

In 2024, Scentre Group 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).

However, Scentre Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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c
0000000
Total Scope 2
Market-Based
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b
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0000000
Location-Based
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a
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b
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0000000
Unspecified Calculation Method
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c
0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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c
0000000
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Verified Sources Behind Scentre Group’s Greenhouse Gas (GHG) Emissions 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 Scentre Group’s data sources below and access millions more through our Disclosure Search.

a. Scentre Group's Verification report 2024
a. Scentre Group's Verification report 2024
b. Scentre Group's Verification report 2023
b. Scentre Group's Verification report 2023
c. Scentre Group's Climate Change Statement 2022
c. Scentre Group's Climate Change Statement 2022

Insights into Scentre Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Scentre Group amounted to 185,321 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 2023, the total operational greenhouse gas (GHG) emissions of Scentre Group decreased by 0.51%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Scentre Group's Scope 1 Emissions Over Time

20222023202403 k6 k9 k12 ktCO2e-7%+36%
  • Total Scope 1
  • Year-over-Year Change

What are Scentre Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Scentre Group were 10,211 metric tons of CO₂ equivalent (tCO₂e). a

Has Scentre Group reduced its Scope 1 emissions over time?

Since 2022, Scentre Group's Scope 1 emissions have increased by 25.63%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Scentre Group's Scope 1 emissions increased by 35.8%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Scentre Group's Scope 2 emissions?

In 2024, Scentre Group reported Scope 2 greenhouse gas (GHG) emissions of 159,791 tCO₂e using the market-based method and 175,110 tCO₂e using the location-based method. a

Has Scentre Group reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Scentre Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Scentre Group 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Scentre Group use for Scope 2 reporting?

In 2024, Scentre Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Scentre Group's Scope 2 Emissions Over Time

202220232024050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Scentre Group's Value Chain Emissions

In 2024, Scentre Group reported 72,655 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 2024 disclosure of Scentre Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Scentre Group's Scope 3 Emissions Over Time

20232024020 k40 k60 k80 ktCO2e-6%
  • Total Scope 3
  • Year-over-Year Change

What are Scentre Group's Scope 3 emissions?

In 2024, Scentre Group reported total Scope 3 emissions of 72,655 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Scentre Group's Scope 3 emissions remained relatively stable, indicating that Scentre Group 's emissions have plateaued with no significant change in its value chain footprint. a b

Insights into Scentre Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Scentre Group reported Scope 1 greenhouse gas (GHG) emissions of 10,211 tCO₂e and total revenues of USD 1,635 millions. This translates into an emissions intensity of 6.24 tCO₂e per millions USD. a

Scentre Group's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000100,000Scope 1 Emissions (tCO2e)502001,0002,00010,000Revenues (Millions of USD)NNN REITYear: 2024Scope 1: 108 tCO2eRevenue: $M 869Scope 1 Intensity: 0.12 tCO2e/$MRegency CentersYear: 2024Scope 1: 3,179 tCO2eRevenue: $M 1,454Scope 1 Intensity: 2.19 tCO2e/$MVicinity CentresYear: 2024Scope 1: 5,294 tCO2eRevenue: $M 879Scope 1 Intensity: 6.03 tCO2e/$MGoodman GroupYear: 2025Scope 1: 5,388 tCO2eRevenue: $M 1,453Scope 1 Intensity: 3.71 tCO2e/$MRegion ReYear: 2025Scope 1: 1,213 tCO2eRevenue: $M 251Scope 1 Intensity: 4.82 tCO2e/$MUnibail-Rodamco-WestfieldYear: 2024Scope 1: 14,917 tCO2eRevenue: $M 3,388Scope 1 Intensity: 4.40 tCO2e/$MPhillips Edison & CoYear: 2023Scope 1: 9,500 tCO2eRevenue: $M 610Scope 1 Intensity: 15.57 tCO2e/$MAcadia Realty TrustYear: 2024Scope 1: 1,976 tCO2eRevenue: $M 360Scope 1 Intensity: 5.49 tCO2e/$MLink REITYear: 2025Scope 1: 7,594 tCO2eRevenue: $M 1,828Scope 1 Intensity: 4.15 tCO2e/$MAgree RealtyYear: 2023Scope 1: 271 tCO2eRevenue: $M 537Scope 1 Intensity: 0.50 tCO2e/$MSimon Property GroupYear: 2023Scope 1: 22,241 tCO2eRevenue: $M 5,659Scope 1 Intensity: 3.93 tCO2e/$MMacerichYear: 2024Scope 1: 30,779 tCO2eRevenue: $M 918Scope 1 Intensity: 33.52 tCO2e/$MUrban Edge PropertiesYear: 2024Scope 1: 596 tCO2eRevenue: $M 445Scope 1 Intensity: 1.34 tCO2e/$MNomura Real Estate Master FundYear: 2023Scope 1: 1,196 tCO2eRevenue: $M 572Scope 1 Intensity: 2.09 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$MMercialysYear: 2024Scope 1: 1,059 tCO2eRevenue: $M 230Scope 1 Intensity: 4.60 tCO2e/$MFederal RealtyYear: 2024Scope 1: 3,186 tCO2eRevenue: $M 1,202Scope 1 Intensity: 2.65 tCO2e/$MHyprop InvestmentsYear: 2024Scope 1: 13,352 tCO2eRevenue: $M 247Scope 1 Intensity: 54.17 tCO2e/$MChoice PropertiesYear: 2024Scope 1: 5,150 tCO2eRevenue: $M 952Scope 1 Intensity: 5.41 tCO2e/$MFrasers Centrepoint TrustYear: 2023Scope 1: 27 tCO2eRevenue: $M 271Scope 1 Intensity: 0.10 tCO2e/$MSunway REITYear: 2023Scope 1: 14 tCO2eRevenue: $M 152Scope 1 Intensity: 0.09 tCO2e/$MKite Realty Group TrustYear: 2024Scope 1: 2,617 tCO2eRevenue: $M 842Scope 1 Intensity: 3.11 tCO2e/$MFreyYear: 2024Scope 1: 202 tCO2eRevenue: $M 199Scope 1 Intensity: 1.01 tCO2e/$MTangerYear: 2024Scope 1: 3,572 tCO2eRevenue: $M 526Scope 1 Intensity: 6.79 tCO2e/$MScentre GroupYear: 2024Scope 1: 10,211 tCO2eRevenue: $M 1,635Scope 1 Intensity: 6.24 tCO2e/$M

How does Scentre Group's GHG emissions intensity compare to its peers?

In 2024, Scentre Group reported a Scope 1 emissions intensity of 6.24 tCO₂e per millions USD. Compared to the peer group median of 3.82 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Scentre Group rank on GHG emissions intensity within its industry?

In 2024, Scentre Group ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Scentre Group among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Scentre Group's Total Carbon Footprint

In 2024, Scentre Group reported a total carbon footprint of 257,976 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.18% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Scentre Group's total carbon footprint was Scope 2 emissions, accounting for 67.88% of the company's total carbon footprint, followed by Scope 3 emissions at 28.16%. a

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