Energy

We are committed to achieving net zero (Scope 1 and 2) emissions across our wholly-owned Westfield portfolio by 2030.

While our current net zero commitment relates to Scope 1 and 2 emissions from our wholly‑owned Westfield destinations, our focus on reducing our emissions is across our total portfolio.

While our net zero target does not include our Scope 3 emissions, we acknowledge the broader upstream and downstream emissions in our activities.

We use the NABERS Energy program to rate the energy efficiency of our assets and benchmark our performance across regions.

Understanding the key contributors to our emissions and assessing the scale of opportunities to reduce energy usage has been integral to establishing our net zero approach.

Most of our emissions (approximately 96%) come from the use of electricity for air conditioning, lighting, and vertical transport (Scope 2). The remaining 4% are related to the consumption of gas used for heating and refrigerants used in air conditioning units and non-stationary fuels on construction sites, such as generators and cranes, (Scope 1).

This has informed our approach and strategic prioritisation. We are targeting our Scope 2 emission contributors, while maintaining a clear focus on the goal to reduce our exposure to Scope 1 emissions at key decision points related to upgrading or replacing large infrastructure.

There are three principles to our strategic approach to manage and achieve our net zero goals:

Total portfolio Scope 1 and 2 emissions (2014 baseline)

Since 2014 we have achieved a 41% reduction in Scope 1 and Scope 2 emissions across our portfolio of Westfield destinations.

02 August 2022

Switching to 100% renewable electricity in Queensland

We signed an agreement with CleanCo, the Queensland Government-owned company

05 September 2021

Progressing our net zero emissions pathway

Our New Zealand portfolio will be powered by 100% renewable electricity from January 2022.

Find out more

2023 Responsible Business Report – our annual Responsible Business performance report about our material responsible business topics including achievements, targets, progress, future priorities and case studies.

2023 Responsible Business Data Pack – comprehensive responsible business data sets supporting our responsible business approach, progress against targets and GRI references.

2023 Climate Statement – this statement outlines our net zero pathway and the ways in which we manage climate related risks and opportunities across the business.