SUSTAINABLE DEVELOPMENT Act for the Planet 4 3 GREENHOUSE GAS EMISSIONS IN TCO FROM ENERGY USAGE IN COMMON AREAS AND THE USE OF REFRIGERANT GASES 2E (SCOPES 1 AND 2) AND ENERGY USAGE IN TENANT AREAS (SCOPE 3) 2017 current basis (96% coverage): 138 shopping centers and 4,988,828 sq.m EPRA: GHG-Dir-Abs – GHG-Indir-Abs – GHG-Int 2017 2016 Central France- Europe The Belgium Italy Scandinavia Iberia & Turkey Netherlands Germany Group Group Gas 2,908 4,088 105 559 2,845 0 0 10,505 8,323 Fuel oil/Biofuel 6 290 106 0 0 0 0 401 270 Refrigerant gas 2,147 3,466 66 1,739 1,173 0 0 8,590 7,861 Direct emissions SCOPE 1 5,060 7,843 277 2,298 4,018 0 0 19,496 16,453 Electricity 4,185 32,661 2,041 12,624 23,691 4,873 5,020 85,094 93,889 Heating 1,435 0 1,676 0 4,003 312 1,060 8,485 7,268 Cold 259 0 64 0 0 13 96 431 427 Indirect emissions SCOPE 2 5,878 32,661 3,781 12,624 27,694 5,198 6,176 94,011 101,585 EMISSIONS SCOPE 1 + 2 10,938 40,504 4,058 14,922 31,712 5,198 6,176 113,507 118,039 Group coverage rate 96% 97% Tenant areas electricity 18,523 57,350 8,631 31,757 74,776 8,206 25,452 224,695 69,186 Tenant area gas 336 44 57 88 1,267 173 0 1,966 1,048 RELEVANT KNOWN (a) 18,859 57,394 8,688 31,845 76,043 8,379 25,452 226,661 70,234 EMISSIONS FROM SCOPE 3 Group coverage rate 36% 19% (a) 2017 data are not comparable with the 2016 data considering the broader Scope 3. 2017 2016 Central France- Europe The Belgium Italy Scandinavia Iberia & Turkey Netherlands Germany Group Group Gas 2,908 4,088 105 559 2,845 0 0 10,505 8,323 Fuel oil/Biofuel 6 290 106 0 0 0 0 401 270 Refrigerant gas 2,147 3,466 66 1,739 1,173 0 0 8,590 7,861 Direct emissions SCOPE 1 5,060 7,843 277 2,298 4,018 0 0 19,496 16,453 Electricity 2,810 16,728 4,145 8,254 20,243 0 4,460 56,640 59,076 Heating 1,435 0 1,676 0 4,003 312 1,060 8,485 7,268 Cold 259 0 64 0 0 13 96 431 427 Indirect emissions SCOPE 2 4,504 16,728 5,885 8,254 24,246 325 5,616 65,557 66,772 EMISSIONS SCOPE 1 + 2 9,564 24,571 6,162 10,552 28,264 325 5,616 85,053 83,225 Group coverage rate 96% 97% Tenant areas electricity 21,386 77,245 49,429 38,161 76,517 8,991 38,154 309,884 69,186 Tenant area gas 336 44 57 88 1,267 173 0 1,966 1,048 RELEVANT KNOWN (a) 21,723 77,289 49,486 38,250 77,784 9,164 38,154 311,850 70,234 EMISSIONS FROM SCOPE 3 Group coverage rate 36% 19% (a) 2017 data are not comparable with the 2016 data considering the broader Scope 3. The calculation of emissions included in Scope 2 of the first table usage) cannot be accounted at a zero emission factor. The ongoing complies with the “location-based” method in the GHG Protocol. The decline in CO2 emissions on a like-for-like basis thus reflects real emission factors used vary substantially from one Group country to energy saving measures, and is not artificially increased by purchasing (1) another . Central Europe and Italy thus generate close to two thirds so-called “green” electricity. of greenhouse gas emissions on a current basis. Klépierre pays close To be able to illustrate the efforts undertaken to supply electricity attention to the emission factors of the various energy sources and from renewable sources, Klépierre has widened its Group reporting favors the cleanest energies. to also calculate emissions according to the market-based method According to the “location-based method,” electricity from renewable that consists in applying emission factors from each of the energy sources (even though it represents 60% of the Group’s total electricity suppliers. (1) The emission factors used for electricity vary substantially from one country to another. For example, they are 60 times higher in Poland compared to Norway. Source: CO Emissions from Fuel Combustion (2013 Edition), IEA, Paris. CO emissions per kWh from electricity generation. 2 2 KLÉPIERRE 2017 REGISTRATION DOCUMENT 181