The shopping centres, by their very nature, have an impact on the environment, due to the large amount of energy they consume and to the road traffic they can create. For these reasons we are committed to operating in such a way as to reduce these impacts, by identifying actions that are increasingly effective both during the construction/restyling phase of the centres and in the management of the structures themselves. For us a “Green” Shopping Centre is green through and through. It is a concept that regards several aspects (ecoefficiency, waste sorting, materials), it concerns both the interior and exterior of the Malls, both the structural parts and how they are managed.
Every day we are committed to making our Shopping Centres «greener and greener», by innovating and modernising all the parts of the buildings. In doing so, it is our intention to reach our
sustainability targets as rapidly as possible.
Director of Development, Asset and Network Management
UP TO 2024:
UP TO 2030:
click here to see the full set of our targets
Emissions and waste are material issues for IGD because the object of our business, shopping centers, are buildings that have an important impact on the environment around them. In 2022 the Group invested 3 million euros, between Italy and Romania, in environmental impact activities, of which approximately 70% to improve energy efficiency and resilience to climate change, and to mitigate the pollution caused by the buildings.
More in detail IGD works on 6 aspects to improve the energy performance of its portfolio and to mitigate its environmental impact: photovoltaic, led technology lighting, 100% energy from renewable sources, management and environmental certifications (UNI EN ISO 14001 and BREEAM), energy efficiency improvement measures.
The process of restyling and remodelling of our structures by following a sustainable enhancement approach, make the Shopping Centres even more resilient thanks also to structural work and management actions aimed at reducing their environmental impact. For this reason, IGD currently has a rather young property portfolio, with an average age of 10 years, equipped with highperformance systems in upgraded structures.
Another way in which IGD exerts leverage to fight climate change is by means of structured awareness raising activities aimed at visitors, suppliers and tenants, in addition to structural actions:
In 2022, thanks to the significant energy improvement actions carried out on the assets (both structural and management), energy consumption (which includes electricity consumption, district heating and cooling and fuels) in Italy recorded a decrease with respect to 2021, 2020 and 2019; the energy consumption of the Romanian shopping centers also decreased compared to 2021 and 2019, but slightly increased compared to 2020.
|Energy consumption||Unit of measure||2022||2021||2020||2019||Difference 2022/2021||Difference 2022/2020||Difference 2022/2019|
|Italy – Abs||kwh||62,105,254||67,032,950||62,534,030||71,414,605||-7.4%||-0.7%||-13.0%|
|Italy – Lfl||kwh||60,179,718||65,436,542||61,283,386||54,492,749||-8.0%||-1.8%||10.4%|
The decrease in the IGD portfolio energy intensity over the years bears witness to the Group’s commitment to carry out investments aimed at improving the energy efficiency of its structures. The 2022 figure shows a decrease compared to 2021, but it is in line with 2020.
The reduction in energy consumption means lower CO2 emissions in the atmosphere: in 2022 in Italy greenhouse gas emissions decreased by 10% compared to 2021.
There was also a considerable reduction in the greenhouse gas emissions intensity compared to 2021, confirmation of IGD’s commitment to tackle climate change
|GHG Emissions (Ton Co2e)||2022||2021||Difference 2022/2021|
|Italy total GHG emissions – Abs||13,913||15,433||-9.8%|
|Italy total GHG emissions – Lfl||13,449||15,037||-10.6%|
|Romania total GHG emissions||5,187||5,017||3.4%|
|Headquarters – Total GHG emissions||98||90||8.8%|
|IGD Group total GHG emissions – Abs||19,198||20,540||-6.5%|
|IGD Group total GHG emissions – Lfl||18,734||20,143||-7.0%|
We report on 10 out of the 15 categories defined by the GHG Protocol standard, the 5 categories that are not reported were considered as being not important or not applicable. The emissions regarding the categories identified represent altogether 85% of corporate emissions when emissions are calculated using the market based system and 76% when they are calculated using the location based method.
Compared to 2021, the first year in which reporting on Scope 3 took place, the numbers highlighted an overall reduction in emissions.
|GHG Emissions (Ton Co2e)||2022||2021||Difference 2022/2021|
|Italy indirect emissions (Scope 3) – Location based||54,105||59,274||-8.7%|
|Romania indirect emissions (Scope 3) – Location||7,097||7,187||-1.3%|
|IGD total Indirect GHG Emissions (Scope 3) – Location based||61,102||66,461||-7.9%|
|Italy indirect emissions (Scope 3) – Market based||50,620||55,631||-9.0%|
|Romania indirect emissions (Scope 3) – Market based||7,535||7,649||-1.5%|
|IGD total Indirect GHG Emissions (Scope 3) – Market based||58,155||63,280||-8.1%|
The elements with greater impact in IGD’s Scope 3 calculation are those related to retailers and to the supply chain. More specifically, retailers consumption weights 59% on the total Scope 3 emissions (showing a decrease compared to 65% in 2021). IGD included in its 2022-2024 Business Plan the aim to increase cooperation with its tenants in order to reach the target regarding the reduction in the overall environmental impact of its Shopping Centers.
The overall calculation of Scope 1,2 and 3 emissions enabled IGD to launch the process in 2022 aimed at defining quantitative enviromental impact reduction targets which are Science-based.
Environmental data 2019-2022 (15 KB – xlsx)
We are committed to developing both the ease of access for vehicular traffic around a shopping center and the new trends for sustainable mobility; to do this we work on continuously expanding the range of services offered by our structures, mainly focusing on: