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 13 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Axis Real Estate reported total carbon emissions of approximately 3,169,030 kg CO2e. This figure includes 29,140 kg CO2e from Scope 1 emissions and 2,928,620 kg CO2e from Scope 2 emissions. Additionally, the company recorded emissions from business travel and employee commuting, contributing to their Scope 3 emissions. Over the years, Axis Real Estate has shown fluctuations in its emissions. In 2022, total emissions were about 3,144,400 kg CO2e, with Scope 1 emissions at 3,280 kg CO2e and Scope 2 emissions at 3,141,120 kg CO2e. The previous year, 2021, saw total emissions of approximately 3,051,560 kg CO2e, with Scope 1 emissions of 3,800 kg CO2e and Scope 2 emissions significantly higher at 3,047,760 kg CO2e. Despite these figures, Axis Real Estate has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor its emissions and aims to improve its sustainability practices in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 2,561,000 | - | 0,000 | 0,000 | 00,000 |
Scope 2 | 15,700 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | 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 committed to any reduction initiatives 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.