CapitaLand Ascendas Real Estate Investment Trust (Ascendas REIT), headquartered in Singapore, is a leading player in the real estate investment sector. Established in 2000, it has grown to become one of Asia's largest REITs, focusing primarily on industrial, logistics, and business space properties across key markets in Singapore and Australia, as well as emerging regions in Asia. Ascendas REIT's portfolio is distinguished by its diverse range of properties, including business parks, logistics facilities, and data centres, which cater to the evolving needs of modern businesses. The trust has achieved significant milestones, including consistent distribution per unit growth and a strong market presence, making it a preferred choice for investors seeking stability and growth in the real estate sector. With a commitment to sustainability and innovation, Ascendas REIT continues to set benchmarks in the industry.
How does Capitaland Ascendas Reit'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 Financial Intermediation 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.
Capitaland Ascendas Reit's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Capitaland Ascendas REIT reported total carbon emissions of approximately 49,720,000 kg CO2e globally, with significant contributions from Singapore (about 37,252,000 kg CO2e), the United States (approximately 4,554,000 kg CO2e), Australia (around 5,174,000 kg CO2e), and Great Britain (about 16,000 kg CO2e). The emissions reported encompass Scope 1 and Scope 2, with no data available for Scope 3 emissions. The REIT has set ambitious climate commitments, aiming for Net Zero emissions by 2050 for its Scope 1 and 2 emissions, which includes its global portfolio. This commitment is part of a broader strategy to align with international climate goals. Additionally, there is an interim target of a 50% reduction in emissions by 2030 from 2005 levels, particularly relevant to its operations in the United States. Capitaland Ascendas REIT's emissions data is sourced directly from its own reporting, with no cascaded data from parent organizations. The REIT is actively working towards its climate targets, reflecting a commitment to sustainability and responsible management of its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 473,000 | 000,000 | - | - | - |
| Scope 2 | 49,590,000 | 00,000,000 | - | - | - |
| Scope 3 | - | - | - | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Capitaland Ascendas Reit has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

