Simon Property Group Inc

Common Name
Simon Property Group
Country
United States
Sector
Real Estate
Industry
REIT - Retail
Employees
2,600
Ticker
SPG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Simon Property Group, Inc. is a leading real estate investment trust specializing in the ownership and management of premier shopping, dining, entertainment, and mixed-use properties around the globe....

Simon Property Group's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035
Absolute-based Target
Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Simon Property Group's Greenhouse Gas Emissions Pathways

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.

Does Simon Property Group have a target to reduce the emissions from its operations?

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.

Simon Property Group's Operational (Scope 1+2) Emissions Pathway

201920232035065 k130 k195 k260 kBaselineCurrent (-50%)Target 2035 (-68%)

Does Simon Property Group have a target to reduce the emissions from its value chain?

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.

Simon Property Group's Value Chain (Scope 3) Emissions Pathway

2018202320350300 k600 k900 k1.2 MBaselineCurrent (-16%)
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