Arena Reit

Arena Reit's reported carbon emissions

Arena REIT, an Australian real estate services company, has disclosed emissions data for the fiscal year 2021. In that year, Arena REIT reported total greenhouse gas emissions of approximately 1,031,900 kg CO2e. This total comprised approximately 200 kg CO2e from Scope 1 emissions, approximately 6,200 kg CO2e from Scope 2 emissions, and approximately 969,500 kg CO2e from Scope 3 emissions. The company's reporting for 2021 indicates that while Scope 1 and Scope 2 data were fully disclosed, there were missing data points for certain Scope 3 categories, specifically "purchased goods and services" and "capital goods." For fiscal years 2022 and 2023, Arena REIT has not disclosed absolute emissions figures. Instead, for 2023, the company provided emissions intensity data such as "WACI for all assets as valued at origination" at approximately 9.57 x 10⁻⁶ kg CO2e per Australian dollar, and emissions intensity by indoor floor area for medical assets at approximately 64,690 kg CO2e per square meter, and for ELC assets at approximately 34,500 kg CO2e per square meter. Similarly, for 2022, emissions intensity by indoor floor area was reported at approximately 56,070 kg CO2e per square meter, with specific figures for medical assets (approximately 154,430 kg CO2e per square meter) and ELC assets (approximately 45,330 kg CO2e per square meter). Arena REIT has not published specific reduction targets or commitments to science-based targets (SBTi) at this time.