Energy

Q-Park is a large consumer of electricity, both for lighting and operational equipment, as well as for EV charging points. We have and will continue to implement measures to reduce our energy consumption as this is demonstrating clear benefits – in financial terms as well as in our environmental impact.

For example, lights are automatically dimmed to emergency levels and switch to brighter lighting when movement of cars or pedestrians is detected. We also take simple operational measures to decrease energy consumption by temporarily closing off parking decks when not in use.

EV charging points

As we installed more EV charging points and those installed have increased usage, more energy is needed for EV charging. As part of our Energy Portfolio Management, we have introduced a charging point dashboard which allows us to separately track the energy consumed by EV charging. This enables us to report on EV charging in Scope 3.

Results

In 2023, the total amount of energy consumed (excluding EV charging) measured in GWh, in our operated parking facilities decreased by 8% and the energy consumed by our operated EV charging points increased by 90%.

Note: we significantly increased the number of operated EV charging points in our portfolio and the number of EV charging transactions per EV charging point increased substantially too.

We deployed an increasing percentage of renewable energy in our operated facilities. Of the energy consumed in our operated parking facilities, 33% was renewable energy and of the energy consumed by operated EV charging points, 22% was renewable energy.

Chart 12 GWh consumed by operated PFs and their EVs