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Ingka Group and URW Announce Launch of Sustainable Retail Index Association

February 25, 2026  by Karen Parrish in Business Strategy, Industry   

Unibail-Rodamco-Westfield (URW) and Ingka Centres announce the launch of the Sustainable Retail Index Association, an independent organization that will establish a recognized common standard for measuring and improving sustainability across retail real estate portfolios. The association will equip retail landlords with comprehensive insights on tenant sustainability performance to drive measurable progress.

The SRI Association will create a coalition of real estate stakeholders to advance transparency and shared accountability in sustainability. By promoting the adoption of the Sustainable Retail Index as an industry standard, the association aims to accelerate meaningful engagement between landlords and retailers on sustainable practices.

"The Sustainable Retail Index is a valuable tool in strengthening how we curate and future-proof our tenant mix across our meeting places. It enables us to better understand and support brands that are contributing to more sustainable and responsible lifestyles - an increasingly important priority for both our visitors and our partners. In implementing this initiative, our focus is on working closely with retailers to enhance transparency, encourage continuous progress and create commercially strong, sustainable destinations. Together with URW and Good On You, we’re taking an important step toward shaping retail environments that deliver long-term value for businesses, communities and the planet,” said Vasco Santos, global director of leasing, Ingka Centres.

"We are delighted to partner with Ingka Centres as co-founding members of the Sustainable Retail Index Association. The Sustainable Retail Index has allowed us to measure the sustainability commitment and progress of our retailers and engage with them on a tangible and analytical basis to support their sustainable ambitions. We are proud to work with Ingka Centres, Sonae Sierra and other landlords to increase adoption of the Sustainable Retail Index, improve transparency, and engage brands and retailers to transform our industry,” commented Sylvain Montcouquiol, chief resources and sustainability officer, URW.

Alongside URW and Ingka Centres, Sonae Sierra will join the Association, demonstrating its sustainability leadership and shared commitment to leveraging the unique influence retail landlords have to engage tenants and drive critical change.

The Sustainable Retail Index is a collaborative assessment tool designed to help landlords and retailers better understand and improve sustainability commitments and performance across company, product and operational levels. URW began implementing the index in 2023, and it now covers more than 73% of eligible revenues across URW’s portfolio of shopping centers. Beyond informing business decisions, the index supports more transparent dialogue with retailers, helps identify shared opportunities for improvement and strengthens engagement with consumers around more sustainable choices.

Ingka Centres, with a long-standing commitment to mapping and improving the sustainability impact of its portfolio, has now deployed the SRI across its 38 meeting places in 15 markets.

Good On You, a globally recognised ratings platform widely used across the industry, is the lead data partner of the SRI, bringing deep expertise in sustainability assessments across retail supply chains. Its independent data makes up 75% of the calculation, bringing together publicly available information leveraging 1,000 datapoints for each brand across key social and environmental issues, while the remaining 25% utilizes third-party audits of store-level practices.

"We’re proud to partner with the SRI Association and support retail industry leaders to enable better decision-making and wider engagement on urgent challenges. We can’t accelerate the shift towards more responsible and sustainable practices in retail without transparency. That’s why Good On You has leveraged our value chain expertise and ratings data to help establish a shared industry standard that guides brand action, consumer choices and systemic change across the retail ecosystem,” said Sandra Capponi, co-founder, Good On You.

The SRI Association also benefits from the technical and critical expertise of WWF France on the methodology of the SRI and its future developments*. In addition, WWF France acts as a civil society representative and monitors the results of the Sustainable Retail Index.

More information on the SRI Association is available at www.sriassociation.org; interested stakeholders can reach out via the website for more information on joining.

*WWF France contributes its critical expertise to strengthen the transparency and methodological rigor of the SRI, without certifying the performance of assessed retailers or assets.