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 Energy Data Preview

In 2023, Simon Property Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Simon Property Group also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Simon Property Group also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Simon Property Group did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Energy Sold
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

In 2023, Simon Property Group consumed a total of 10.58 million Gigajoules of energy across its operations. Of this total, 5.52% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 94.48% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Simon Property Group's Energy Renewability Rate

6%

How much of Simon Property Group's energy consumed is renewable?

In 2023, Simon Property Group consumed a total of 10.58 million Gigajoules of energy, of which 5.52% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Simon Property Group has considerable room to improve its energy sustainability strategy.

Are Simon Property Group's energy practices becoming more sustainable?

Since 2023, Simon Property Group's total energy consumption has remained relatively stable, indicating no significant changes in energy use patterns.

Over the same period, the share of renewable energy in Simon Property Group's consumption increased by 4.28%, showing a recent positive trend in clean energy adoption.

Simon Property Group's Renewable vs Non-renewable Energy Over Time

642.16 k292.16 k57.84 k642.16 kGigajoules (GJ)2022202358%61%42%39%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Simon Property Group's Energy Inflows & Self-Sufficiency

In 2023, Simon Property Group reported total energy inflows of 684,619.56 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 672,478.48 Gigajoules purchased from external suppliers and 12,141.08 Gigajoules generated through internal production. This corresponds to a production share of 1.77%, reflecting a 23.07% percentage point decrease from the previous year (2022).

Simon Property Group's Energy Purchased vs Produced Over Time

202220230200 k400 k600 k800 kGigajoules (GJ)98%98%
  • Total Energy Produced
  • Total Energy Purchased
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