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.
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.
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.
Axis Real Estate's score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Axis Real Estate reported total carbon emissions of approximately 2,897,110 kg CO2e, with Scope 1 emissions at about 29,860 kg CO2e and Scope 2 emissions at approximately 2,867,250 kg CO2e. This represents a slight decrease from 2023, where total emissions were about 2,935,230 kg CO2e, comprising Scope 1 emissions of approximately 25,640 kg CO2e, Scope 2 emissions of about 3,116,960 kg CO2e, and Scope 3 emissions of around 181,680 kg CO2e (including business travel and employee commute). In 2022, the total emissions were approximately 3,120,240 kg CO2e, with Scope 1 at about 3,500 kg CO2e and Scope 2 at approximately 2,906,090 kg CO2e. The organization has set commitments to reduce its carbon footprint, focusing on both Scope 1 and Scope 2 emissions through various action plans aimed at improving energy efficiency. These initiatives are part of a near-term strategy that commenced in 2023 and is set to conclude in 2025. Axis Real Estate has not disclosed any specific Science-Based Targets Initiative (SBTi) targets but is actively working towards net-zero commitments by implementing relevant action plans. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported by Axis Real Estate Investment Trust.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 3,800 | 0,000 | 00,000 | 00,000 |
Scope 2 | 3,047,760 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 211,270 | 000,000 | 000,000 | - |
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.