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.
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 2023 the Group invested 3.9 million euros in activities to reduce environmental impact, of which approximately 75% in systems to improve the energy efficiency of 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 lighting technology, energy consumption monitoring systems, energy from renewable sources, management and environmental certifications (UNI EN ISO 14001 and BREEAM), energy efficiency improvement measures.
The path of restyling/remodeling our assets with a logic of sustainable enhancement has made our shopping centers increasingly resilient, also thanks to structural and managerial interventions aimed at reducing their environmental impact.
In the transition towards a low-carbon economy, in addition to structural interventions, we are engaged in a structured activity to raise awareness towards sustainability-oriented behaviors among visitors, suppliers, and tenants:
In 2023, thanks to the significant energy improvement actions carried out on the assets (both structural and management), IGD’s energy consumption (which includes electricity consumption, district heating and cooling and fuels) in Italy and Romania recorded a decrease compared to 2022
| Energy consumption | Unit of measure | 2023 | 2022 | Difference 2023/2022 |
| Italy – Abs | kwh | 57,637,694 | 62,834,435 | -8.3% |
| Italy – Lfl | kwh | 57,392,290 | 62,834,435 | -8.7% |
| Romania | kwh | 19,459,871 | 20,496,369 | -5.1% |
| Headquarters Office | kwh | 443,320 | 473,635 | -7.6% |
| Total IGD – Abs | kwh | 77,540,885 | 83,810,438 | -7.5% |
| Total IGD – Lfl | kwh | 77,295,481 | 83,810,438 | -7.8% |
Over the years, the energy intensity of IGD’s Italian portfolio has decreased, demonstrating our commitment to directing investments towards improving the energy efficiency of our facilities. The 2023 data shows a decrease compared to 2022 and 2021.
The reduction in energy consumption translates into lower CO2 emissions into the atmosphere: in 2023, as a Group, we recorded a decrease of over 7% in CO2 emissions. Greenhouse gas emission intensity also decreased by approximately 10% compared to 2022, confirming IGD’s commitment to combating climate change.
| GHG Emissions (Ton Co2e) Location based | 2023 | 2022 | Difference 2023/2022 |
| Italy total GHG emissions – Abs | 12,779 | 13,869 | -7.9% |
| Italy total GHG emissions – Lfl | 12,716 | 13,869 | -8.3% |
| Romania total GHG emissions – Abs and Lfl | 4,848 | 5,176 | -6.3% |
| Headquarters total GHG emissons – Abs and Lfl | 89 | 98 | -8.8% |
| IGD Group Total Emissions – Abs | 17,717 | 19,143 | -7.5% |
| IGD Group Total Emissions – Lfl | 17,654 | 19,143 | -7.8% |
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.
In 2023 we reduced the quantity of estimated data, in particular by involving the tenants in the collection of data regarding their actual consumption.
| GHG Emissions (Ton Co2e) | 2023 | 2022 | Difference 2023/2022 |
| Italy indirect emissions (Scope 3) | 49,828 | 49,666 | 0.3% |
| Romania indirect emissions (Scope 3) | 7,155 | 8,187 | -12.6% |
| IGD total Indirect GHG Emissions (Scope 3) | 59,983 | 57,853 | -1.5% |
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 60% 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.
Following the finetuning of the Scope 3 calculation carried out during the year, aimed at reducing the level of estimated data, the Company initiated a process designed to identify a Scope 3 target (as envisaged in the 2022-2024 Business Plan).
Environmental data 2022-2023 (16 KB – xlsx)
We are committed to developing both easy access for vehicle traffic around shopping centers and new trends for sustainable mobility; to achieve this, we continuously work on expanding the range of services offered by our assets, focusing mainly on:
