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European Climate Pact

Overview

Location

France

Sector

Real Estate

Organisation type
Business

North Star pledges

Emissions

Have an officially validated science-based emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

Klepierre has a target to reduce absolute Scope 3 downstream (other) - emissions in transport from visitors and customers at the shopping centers CO2e emissions 42% by 2030 from a base year of 2017.

Klepierre has a target to reduce intensity of Scope 1+2 (market-based) CO2e emissions 80% per square meter by 2030 from a base year of 2017.

Status date: Submitted (27/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Reported target data is checked for completeness. The target year should not have already passed. The target ambition is reported to be consistent with the level of decarbonization required to keep global temperature increase to below 1.5°C. The coverage of the target is also checked to include company-wide operations, i.e. covered emissions in the target base year are at least 95% of the total base year scope 1+2 emissions. Finally, targets are checked to have been officially approved by SBTi.

 

Pathway pledges

Energy

Have a target to increase renewable energy consumption

Klepierre has a target to consume 100% of electricity from renewable sources by 2022 from a baseline of 60% renewable electricity consumption in 2017.

Status date: Submitted (27/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Reported data is checked for completeness. Pledger must provide at a minimum: a base year, target year, figure or percentage in the base year, and figure or percentage in the target year. Check that duration of target is not beyond 2035.

Multi-topic

Publicly disclose climate and environmental data to investors and customers through the CDP reporting platform

Status date: Submitted (27/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Pledging organisation is confirmed to have disclosed publicly on their climate and environmental impact. For example by responding publicly to the CDP Climate Change Questionnaire.

Implement climate scenario analysis as part of your business strategy setting

Status date: Submitted (27/07/2021)

Data source: CDP Climate Change 2021

MRV: Yes*

*Pledging organisation has reported they use climate-related scenario analysis to inform its strategy. Pledger must provide at a minimum: details on the climate-related scenarios and models applied (e.g. 2DS, IEA 450, Greenpeace, DDPP, IRENA etc.) as well as additional information such as how the selected scenario(s) were identified, with reference to the inputs, assumptions and analytical methods used.