Klépierre (LI) ESG 2024 presentation summary

Business overview and portfolio

• Operates over 70 leading shopping malls across more than 10 countries in continental Europe, with a portfolio value of €19.3 billion and €1.5 billion in revenue as of December 31, 2023.

• Portfolio is diversified geographically, with significant presence in France, Iberia, Italy, Netherlands, Germany, and Central Europe.

• Retail mix includes fashion (36%), culture/sports/leisure (20%), household equipment (11%), food & beverage (11%), health & beauty (6%), and other categories.

Strategic vision and ESG leadership

• Focuses on investing in top-tier malls, maintaining strict financial discipline, creating preferred shopping destinations, and building a sustainable commerce platform.

• Ranked first worldwide in retail ESG by GRESB, with a five-star rating and a score of 95/100.

• Recognized by multiple ESG indices and agencies, including CDP A List, MSCI AA rating, and inclusion in CAC 40 ESG and SBT 1.5 indices.

ESG strategy and 2030 commitments

• Targets net-zero carbon portfolio (scopes 1 & 2) by 2030, with 70 kWh/sq.m. energy efficiency and up to 30% on-site renewable energy production for top assets.

• Aims for 100% of assets to service communities, implement local giving back projects, and provide green services.

• Plans to develop 50,000 people across Europe, reach 40% women in top management, and include CSR criteria in employee appraisals.

• Seeks to guide 50 million shoppers toward sustainable lifestyles and engage tenants in ESG scoring before lease signatures.