Energy
We are committed to achieving net zero (Scope 1 and 2) emissions across our wholly-owned Westfield portfolio by 2030.
While our net zero target relates to our wholly‑owned Westfield destinations, we implement our strategies to reduce emissions 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.
In 28 destinations we have an embedded network that has the capability to onsell electricity to business partners for their stores. We continue to engage our business partners about this opportunity to move to renewable energy.
Net zero strategy
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.
Approximately 94% of our emissions come from the use of electricity predominantly for air conditioning, lighting and vertical transport (scope 2). The remaining 6% are related to the consumption of gas used for heating, fuels for emergency back-up power generation and refrigerants used in air conditioning units (scope 1).
This has informed our approach and strategic prioritisation.
There are three principles to our strategic approach to manage and achieve our net zero goals:
We acknowledge the Traditional Owners and communities of the lands on which our business operates.
—We pay our respect to Aboriginal and Torres Strait Islander cultures and to their Elders past and present.
—We recognise the unique role of Māori as Tangata Whenua of Aotearoa/New Zealand.
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Westfield AU | Westfield NZ
ABN 66 001 671 496
85 Castlereagh St
Sydney NSW 2000
GPO BOX 4004
Sydney NSW 2001