Protecting the Planet

We are committed to reducing the impact our properties have on the planet in every way we can. The material impacts our shopping centers have on the environment fall in to four primary categories: Energy use, water consumption, greenhouse gas emissions and waste handling. Between 2008 and 2016 we reduced energy consumption across our portfolio by 32 percent. We continue that progress, and have set longer-term goals to reduce our use of energy and water, reduce greenhouse gas emissions and increase our recycling efforts.

Reduction in Energy Consumption Goals

From a 2013 baseline, reduce consumption by:
2018
10%
2025
20%

Renewable Energy Goal

Achieve a level of use from renewable energy sources.
2025
10%

Reduction in Water Consumption Goals

From a 2015 baseline, reduce consumption by:
2025
10%

Reduction in Greenhouse Gas Goal

From a 2014 baseline, reduce controllable Scope 1 and Scope 2 greenhouse gas emissions by:
2019
10%
2025
20%

Waste Diversion Goals

We have set diversion targets of:
2018
50%
2020
75%

Our Progress

Taubman has Reduced Controllable Electrical Consumption by 32 Percent since 2008

From 2008 to 2016, reduced consumption by:
2016
32%

Reduction in Energy Consumtion

From a 2013 baseline, reduced consumption by:
2016
15.3%

Renewable Energy

Achieved use from renewable energy sources of:
2016
7.9%

Reduction in Water Consumption

From a 2015 baseline, reduced consumption by:
2016
0.8%

Reduction in Greenhouse Gas

From a 2014 base, achieved a reduction in controllable Scope 1 and Scope 2 greenhouse gas emissions of:
2016
4.7%

Waste Diversion

Reached diversion level of:
2016
40%

Global Real Estate Sustainability Benchmark

Taubman participated in the 2017 Global Real Estate Sustainability Benchmark (GRESB) and achieved a Green Star recognition and the GRESB Five Star ranking. GRESB is the most respected measure of sustainability performance for real estate portfolios world-wide. The comprehensive survey assesses a company’s performance against environmental, social and governance benchmarks.

Cventure Verification Statements

Cventure Verification Statement
GHG Emissions and Water/Waste Inventories

Cventure Verification Statement
Controllable Electricity Consumption Reduction 2008 – 2015

Back to top
TCO 53.39
Change+0.09(+0.17%) Volume: 767,261 December 7, 2018