Environmental responsibility

Reducing our environmental footprint

The Group’s effective approach to environmental management is founded upon accurate environmental indicators, including consumption analysis, environmental risk prevention, and support from international certifications and standards.

Klépierre’s environmental priority is to optimize its energy performance. In order to reduce its energy usage, the Group has four major mechanisms that are operated in parallel:

  • accurate metering of usage (roll-out of usage by usage, equipment by equipment metering systems and increased monitoring at Group level);
  • energy savings (constant vigilance to operating hours, adjustment of temperature settings, awareness-rasing actions regarding best practices);
  • improvement of technical equipment (replacement of the most energy-intensive equipment, relamping);
  • construction investments (for development and major renovations: building envelope, glass roof structures, renewable energy, etc.).

From 2013 to 2015, the Group’s energy efficiency improved by 13%, ahead of the objective to decrease the ratio of kWh/visit by 25% by 2020 vs. 2013. Electricity from renewable resources now accounts for 53% of the total electricity consumption, a strong increase over the past two years.

The Group also boasts an efficient waste management. The proportion of waste recycled, reused or composted increased to 37% in 2015 and 76% of waste is recovered.

To reduce its impact on natural resources and biodiversity, the Group is implementing innovative solutions such as green roofs. At the Prado, which will open in Marseille in 2017, Klépierre is going even further by drawing on the Cradle to Cradle® philosophy. It will thus become the first shopping center to apply this methodology, which aims to encourage the use of recyclable or reusable materials while considering their future processing from the outset.

The Group has implemented an exemplary environmental risk prevention policy that includes, among other elements, comprehensive and regular updates to the risk mapping of its shopping centers.

Further proving the effectiveness of the Group’s environmental policy are its environmental certifications, BREEAM (In Use or New Construction) and ISO 14001, both recognized as industry benchmarks. 77 centers are ceritfied at year-end 2015 in 13 countries, representing close to 2/3 of the portfolio in value.

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