The Group once again ranks first worldwide among listed retail real estate companies in the 2025 GRESB assessment, with a score of 95/100, and also takes the top spot in its reference category, “Europe/Retail/Listed,” across all asset classes.

These distinctions highlight the Group’s environmental excellence, illustrated by outstanding results in 2024:

• 2.99 kgCO₂e/m² carbon intensity for its shopping centers (–86% since 2017)
• 72.9 kWh/m² energy intensity (–49% since 2013)
• 100% renewable electricity
• 100% of waste recovered, including 49.3% through material recovery

These results reflect the performance achieved in 2024 and reward the teams’ daily commitment to building the most sustainable retail platform by 2030.

Our ambition is delivered through effective procedures and initiatives implemented across each shopping center. This includes, for example, energy efficiency measures with “boosts” [1] and the systematic use of LED lighting in common areas. It also includes the development of on-site waste collection facilities, which significantly improve performance, along with raising retailer awareness and enhancing signage in sorting areas. The installation of new photovoltaic solar plants in the Group’s shopping centers—now numbering fifteen—also contributes to these sustained results.

About GRESB
GRESB (Global Real Estate Sustainability Benchmark) is the global ESG benchmark for financial markets in the real estate sector. It provides a methodology and framework for measuring the ESG performance of asset portfolios and publishes global benchmark data annually. The GRESB scoring methodology is divided into two parts:

• A quantitative part, assessing building-by-building performance in areas such as energy, waste, certification, greenhouse gas emissions, and water; and
• A qualitative part, where the company is evaluated based on criteria such as ESG governance, strategy and policies, risk management and reporting procedures, and stakeholder engagement.

[1] A “boost” is an internal Klépierre initiative aimed at improving the energy performance of a shopping center by conducting a detailed on-site analysis of the center’s energy consumption and developing an action plan to optimize it. This plan includes solutions tailored to the site’s specific needs, taking into account visitors and tenants while complying with legal requirements. These boosts can also be extended to tenants, involving them in the analysis and reduction of their own energy consumption while collecting data to optimize the site’s overall energy use.