As of 2023, Simon Property Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, 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 Simon 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 | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2035 |
Absolute-based Target | Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2035 |
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As of 2023, Simon Property Group 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.
As of 2023, Simon Property Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Simon Property Group's most ambitious operational target is to reduce these emissions by 68% by 2035, compared to a baseline of 241,980 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
As of 2023, Simon Property Group is ahead of schedule on its operational emissions reduction target, having achieved 73.12% of the planned reduction.
As of 2023, Simon Property Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
Simon Property Group's most ambitious value chain target is to reduce these emissions by 20.9% by 2035, compared to a baseline of 1,001,385 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.
As of 2023, Simon Property Group is ahead of schedule on its value chain emissions reduction target, having achieved 74.5% of the planned reduction.