Arena Reit

Arena REIT, an Australian real estate services company, has reported limited direct emissions data.

For 2021, Arena REIT reported total emissions of approximately 195,900 kg CO2e. This included Scope 1 emissions of 200 kg CO2e, Scope 2 emissions of 6,200 kg CO2e, and Scope 3 emissions of 969,500 kg CO2e.

While specific total emissions data is unavailable for 2022 and 2023, Arena REIT has disclosed emission intensity metrics for these years. In 2023, the Scope 1 and 2 emissions intensity for medical assets was 64,690 kg CO2e per m², and for early learning centre (ELC) assets, it was 34,500 kg CO2e per m². For 2022, the Scope 1 and 2 emissions intensity for medical assets was 154,430 kg CO2e per m², and for ELC assets, it was 45,330 kg CO2e per m².

Arena REIT has set a near-term reduction target for its Scope 3 (Category 13) Downstream Leased Assets Emissions. The company aims to achieve a 41% absolute reduction and a 53% reduction in intensity by the end of FY2025, from a 2023 baseline.