Gazit Globe
Gazit Globe Ltd., a prominent player in the global real estate industry, is headquartered in Israel (IL) and operates extensively across North America, Europe, and Israel. Founded in 1995, the company has established itself as a leader in the ownership, development, and management of retail and mixed-use properties. Gazit Globe is renowned for its innovative approach to urban real estate, focusing on creating vibrant community spaces that enhance the customer experience. With a diverse portfolio that includes shopping centres and commercial properties, Gazit Globe distinguishes itself through its commitment to sustainability and strategic location selection. The company has achieved significant milestones, including its listing on the Toronto Stock Exchange, solidifying its market position. Gazit Globe continues to drive growth and value in the real estate sector, making it a noteworthy entity in the industry.
DitchCarbon Score
How does Gazit Globe's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Gazit Globe's score of 25 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gazit Globe's reported carbon emissions
In 2022, Gazit Globe reported a greenhouse gas intensity of approximately 60,000 kg CO2e per square metre, with emissions data not specified for Scope 1, 2, or 3. The previous year, 2021, showed a higher intensity of about 73,360 kg CO2e per square metre. In 2020, Gazit Globe disclosed total emissions of 25,697,000 kg CO2e, comprising 344,970 kg CO2e from Scope 1 and 25,353,000 kg CO2e from Scope 2. Gazit Globe's subsidiary, Citycon, has made significant strides in reducing emissions, achieving a 74% reduction in Scope 1 and 2 emissions from 2020 to 2022. Citycon has committed to further reducing these emissions by 42% by 2030. Additionally, Citycon aims for carbon neutrality by 2030, focusing on Scope 3 emissions. The data indicates a proactive approach to climate commitments, with Gazit Globe leveraging its corporate family relationship with G City Ltd for performance insights and emissions reporting. Overall, Gazit Globe is on track to enhance its sustainability efforts in the coming years.
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| 2020 | |
|---|---|
| Scope 1 | 344,970 |
| Scope 2 | 25,353,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Gazit Globe is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
