Klépierre

Year
2023
Sector
Immobilier
ACT assessment methodology
Real Estate

Performance Score

Strategy highlights: Klépierre's emissions targets exceed industry trends. Past emissions trends are aligned with the company's trajectory. In addition, Klépierre's plan was built according to 6 different scenarios, which reinforces the reliability of his plan.
Areas for improvement identified: Scope 1 & 2 targets have been validated by the SBTi but still rely on carbon offsets and do not specify the proportion of emission reductions needed to achieve carbon neutrality. The description of past emissions targets is not broken down by country. The use of two different approaches to the calculation of emissions intensity raises questions and deserves harmonization or justification. For scope 3 targets, the scientific validation and baseline scenario are unclear.

Narrative Score

Klépierre should specify the contribution of the four pillars of its transition plan: the reduction of energy consumption, the supply of renewable energy, the production of renewable energy on site and the compensation of residual emissions.

Trend score

The company seems to be well on its way to achieving its objectives.

Source
Say on Climate 2023
Evaluator
GLOBAL SCORE
Performance score (/100)
59
Disclosure score (/100)

ℹ️

Narrative Score (A > E)

C

Trend Score (- = +)

+

Scores by module

#1 : best score in the sample

N/A% = module not applicable to the sectoral methodology

Target Score : 58%

#1

Material Investment Score : 65%

#1

Intangible Investment Score : N/A%

#1

Sold Product Performance Score : N/A%

#1

Management Score : 86%

#1

Supplier Engagement Score : 40%

#1

Client Engagement Score : 46%

#1

Policy Engagement Score : 76%

#1

Business Model Score : 44%

#1

Indicator weight by module