Axis Real Estate
Axis Real Estate Investment Trust (Axis REIT) is a leading player in the Malaysian real estate sector, headquartered in Malaysia. Established in 2005, the company has made significant strides in the property investment landscape, focusing primarily on commercial and industrial properties. With a diverse portfolio that includes logistics facilities, office buildings, and retail spaces, Axis REIT stands out for its commitment to sustainable practices and high-quality asset management. Over the years, Axis REIT has achieved notable milestones, including consistent growth in its asset base and distribution per unit, positioning itself as a trusted name in the market. The company’s unique approach to real estate investment, combined with its strategic focus on prime locations, has solidified its reputation as a top choice for investors seeking reliable returns in the Malaysian property market.
DitchCarbon Score
How does Axis Real Estate'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
Axis Real Estate's score of 34 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Axis Real Estate's reported carbon emissions
In 2024, Axis Real Estate reported total carbon emissions of approximately 3,078,790 kg CO2e, with Scope 1 emissions at about 29,860 kg CO2e, Scope 2 emissions at approximately 2,867,250 kg CO2e, and Scope 3 emissions comprising business travel and employee commute at about 196,280 kg CO2e and 167,080 kg CO2e, respectively. This represents a slight decrease from 2023, where total emissions were approximately 3,169,030 kg CO2e, with Scope 1 at about 29,140 kg CO2e and Scope 2 at approximately 2,928,620 kg CO2e. Axis Real Estate is committed to reducing its carbon footprint and enhancing energy efficiency through various action plans. The company has set near-term reduction targets for both Scope 1 and Scope 2 emissions, aiming to implement these initiatives from 2023 to 2025. While specific percentage reduction targets have not been disclosed, the commitment reflects a proactive approach to climate action. The emissions data is not cascaded from any parent organization, indicating that Axis Real Estate independently reports its carbon footprint. The company continues to align its strategies with industry standards for sustainability and climate responsibility.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 3,800 | 0,000 | 00,000 |
| Scope 2 | 3,047,760 | 0,000,000 | 0,000,000 |
| Scope 3 | 211,270 | - | 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.
Axis Real Estate is not participating in any 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.
