Simon Property Group

Residential REITs
SPG
$ 117 1
Share price
$ 44 bn
Market Cap
$ 65 bn
Enterprise Value

Carbon footprint

2.8 Ton
GHG emissions per $ 1 mln investment
0.1x the weighted average for S&P 500
FY2020
How is this calculated?
-26%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-3.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Simon Property Group aims to reduce Scope 1 + 2 by 68% by 2035 from a base year 2019


1.5°C
Simon Property Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Simon Property Group's GHG emissions (market-based) (Kt of CO2e)
Simon Property Group's Carbon intensity (Tons per 1 USDm)

Simon Property Group's carbon footprint

Simon Property Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 185 Kt (-66 /-26.4% y-o-y). Also positively, carbon intensity decreased to 40 t (-3.6 /-8.2% y-o-y).

Simon Property Group's Scope 3 emissions was down at 852 Kt (-135 /-13.6% y-o-y). The decline accelerated compared to the CAGR of -6.9% since 4Q'18.

The company is committed to reducing Scope 1 + 2 by 68% by 2035 from a base year 2019, which translates into the estimated reduction of -7 Kt per annum over the period of FY2021 - FY2035. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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