In 2025, Simon Property 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).
Simon Property Group has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 21,405a | 15,876a | 21,900b | |
Total Scope 2 | ||||
Market-Based | 161,994a | 43,627a | 79,996b | |
Location-Based | 163,949a | 150,475a | 152,733b | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 1,623,091a | 880,396b | 909,328b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.3632a | 2.6621a | 3.8701b |
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In 2025, the total operational greenhouse gas (GHG) emissions of Simon Property Group amounted to 185,354 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 2024, the total operational greenhouse gas (GHG) emissions of Simon Property Group increased by 11.42%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Simon Property Group were 21,405 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Simon Property Group's Scope 1 emissions have increased by 203.66%, reflecting a rising long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2024), Simon Property Group's Scope 1 emissions increased by 34.83%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, Simon Property Group reported Scope 2 greenhouse gas (GHG) emissions of 161,994 tCO₂e using the market-based method and 163,949 tCO₂e using the location-based method.a
Compared to the previous year (2024), Simon Property Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Simon Property Group's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, Simon Property Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Simon Property Group reported 1,623,091 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 2025 disclosure of Simon Property Group includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Simon Property Group reported total Scope 3 emissions of 1,623,091 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 13.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 86.99% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Simon Property Group's Scope 3 emissions have increased by 71.56%, reflecting a rising long-term trend in Scope 3 emissions over time.ad
Compared to the previous year (2024), Simon Property Group's Scope 3 emissions increased by 84.36%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2025, Simon Property Group reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to Simon Property Group's Scope 3 emissions were:a
In 2025, Simon Property Group reported Scope 1 greenhouse gas (GHG) emissions of 21,405 tCO₂e and total revenues of USD 6,364 millions. This translates into an emissions intensity of 3.36 tCO₂e per millions USD.a
In 2025, Simon Property Group reported a Scope 1 emissions intensity of 3.36 tCO₂e per millions USD. Compared to the peer group median of 5.41, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, Simon Property Group ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Simon Property Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Simon Property Group reported a total carbon footprint of 1,808,445 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 72.77% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Simon Property Group's total carbon footprint was Scope 3 emissions, accounting for 89.75% of the company's total carbon footprint, followed by Scope 2 emissions at 9.07%.a