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
Climate change is a material issue for IGD because the object of our business, shopping centers, are buildings that have an important impact on the environment around them. Also in 2021 the Group invested 1.2 million euros in actions to improve the environmental sustainability of its structures.
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 during the period 2014-2021, involved 40% of our portfolio 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 2021, energy consumption (which includes electricity consumption, district heating and cooling and fuels) in Italy recorded an increase equal to +6.0% compared to 2020 (due also to the 87 days in all of closure), but a considerable decrease equal to -8.1% compared to 2019; the energy consumption of the Romanian shopping centers also increased compared to 2020 (+2.5%), but decreased compared to 2019 (-14.4%).
The decrease in energy consumption compared to 2019, the last year that was not affected by the pandemic, demonstrates that the energy efficiency improvement carried out over the last few years guarantee an improvement in the environmental performances of the structures.
|Energy consumption||Unit of measure||2021||2020||2019||Difference 2021/2020||Difference 2021/2019||Difference 2020/2019|
|Italy – Abs||kwh||63,678,465||60,064,288||69,300,165||6.0%||-8.1%||-13.3%|
|Italy – Lfl||kwh||62,100,182||58,827,349||n.a.||5.6%||n.a.||n.a.|
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 2021 figure showed a slight decrease compared to 2020, when the restrictions caused by the pandemic had an effect as they impacted the opening times/capacities of the Shopping Centres, but it recorded a decrease compared to 2019, confirming that there was a progressive reduction over the last four years.
The reduction in energy consumption means lower CO2 emissions in the atmosphere: the fall in greenhouse gas emissions recorded in 2021 compared to 2019 was in line with the decrease recorded the previous years, while the slight increase compared to 2020 is due to the restrictions caused by the pandemic which impacted the opening times/capacities of the Shopping Centres.
There was also a considerable reduction in the greenhouse gas emissions intensity compared to 2019, confirmation of IGD’s commitment to tackle climate change
|GHG Emissions (Ton Co2e)||2021||2020||2019||Difference 2021/2020||Difference 2021/2019||Difference 2020/2019|
|Italy total GHG emissions – Abs||20,802||19,720||23,021||5.5%||-9.6%||-14.3%|
|Italy total GHG emissions – Lfl||20,085||19,129||n.a.||5.0%||n.a.||n.a.|
|Romania total GHG emissions||8,643||18,371||10,286||3.3%||-16.0%||-18.6%|
|Headquarters – Total GHG emissions||40.84||36.96||41.19||10.5%||-0.8%||-10.3%|
2021 is the first year in which reporting on scope 3 has taken place. The emissions regarding the categories identified represent altogether 82% of corporate emissions when emissions are calculated using the market based system and 70% when they are calculated using the location based method.
|GHG Emissions (Ton Co2e)||2021|
|Total Indirect GHG Emissions – Scope 3||68,132|
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 65% on the total Scope 3 emissions. 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 will enable IGD, in 2022, to launch the process to certify quantitative enviromental impact reduction targets which are Science-based.
Environmental data 2019-2021 (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:
Following the agreement signed in 2021 with these 2 companied, over the next few years the Shopping Centers with Fast Charging Stations will become 10.