Globalworth Real Estate Investment
Globalworth Real Estate Investment, often referred to simply as Globalworth, is a leading player in the real estate investment sector, headquartered in Romania (RO). Established in 2013, the company has rapidly expanded its footprint across Central and Eastern Europe, focusing primarily on office and mixed-use properties. With a portfolio that includes high-quality assets in key cities such as Bucharest and Warsaw, Globalworth distinguishes itself through its commitment to sustainability and innovative property management. The firm has achieved significant milestones, including recognition for its contributions to the local economy and its role in shaping urban landscapes. As a prominent entity in the real estate market, Globalworth continues to set benchmarks in investment strategies and operational excellence, solidifying its position as a trusted partner for investors and tenants alike.
DitchCarbon Score
How does Globalworth Real Estate Investment's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Globalworth Real Estate Investment's score of 34 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Globalworth Real Estate Investment's reported carbon emissions
In 2023, Globalworth Real Estate Investments reported total carbon emissions of approximately 50,025,000 kg CO2e. This figure includes 7,786,000 kg CO2e from Scope 1 emissions, 21,429,000 kg CO2e from Scope 2 emissions, and 20,810,000 kg CO2e from Scope 3 emissions. The company has set an ambitious target to reduce its greenhouse gas (GHG) emissions intensity by 46% by 2030, using 2019 as the baseline year for both Scope 1 and Scope 2 emissions. Additionally, Globalworth is committed to measuring and reducing its Scope 3 emissions as part of its environmental, social, and governance (ESG) strategy. In 2022, the total emissions were reported at approximately 25,335,000 kg CO2e, with Scope 1 emissions at 9,785,000 kg CO2e, Scope 2 emissions at 10,302,000 kg CO2e (market-based), and Scope 3 emissions at 5,248,000 kg CO2e. This indicates a significant increase in emissions in 2023 compared to 2022, highlighting the challenges faced in emission reduction efforts. Globalworth's commitment to sustainability is further reinforced by its approval of reduction targets through the Science Based Targets initiative (SBTi), ensuring that its goals align with the global aim to limit warming to 1.5°C. The company operates with a focus on transparency and accountability in its emissions reporting, contributing to the broader real estate sector's efforts to combat climate change.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 6,899,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 37,350,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Globalworth Real Estate Investment is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
