Climate protection is a top priority for Deutsche Euro- Shop. We firmly believe that sustainability and profitability are not mutually exclusive. Neither are shopping experience and environmental awareness. Long-term thinking is part of our strategy, and that includes a commitment to environmental protection.
In 2020, all of our 21 shopping centers had contracts with suppliers that use renewable energy sources, such as hydroelectric power, for their electricity needs, and 19 centres exclusively purchased green electricity. The TÜV Süd certified this electricity for our centers in Germany with the renowned “Eco Power Product” label.
The 21 centers used a total of around 65.8 million kWh of green electricity in 2020. This represented 79% of the electricity requirements to operate the shopping centers. Based on conservative calculations, this meant a reduction of around 26,625 tonnes in carbon dioxide emissions, which equates to the annual CO2 emissions of more than 1,210 two-person housholds. The use of heat exchangers and energy-saving light bulbs allows us to further reduce energy consumption in our shopping centers.
Deutsche EuroShop also supports a diverse range of local and regional activities that take place in our shopping centers in the areas of the environment, society and the economy.
Please click here for our Environmental Performance 2020 (EPRA sBPR Reporting).