Capitaland Ascendas Reit
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Capitaland Ascendas Reit's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Capitaland Ascendas Reit's reported carbon emissions
In 2024, Capitaland Ascendas REIT reported total carbon emissions of approximately 49,720,000 kg CO2e globally, with a significant portion of these emissions attributed to Scope 2. Specifically, in Singapore, the emissions were about 37,252,000 kg CO2e. The REIT has set ambitious climate commitments, aiming for Net Zero emissions by 2050 for both Scope 1 and Scope 2 emissions, which encompasses its global portfolio, including properties under its management. The REIT's near-term targets include a 50% reduction in emissions by 2030, based on 2005 levels, as part of the broader CLEAN Future Act introduced in the United States. This commitment reflects a proactive approach to climate action, aligning with industry standards and expectations for sustainability. Overall, Capitaland Ascendas REIT is focused on reducing its carbon footprint and enhancing its sustainability practices, demonstrating a commitment to environmental stewardship in the real estate sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 473,000 | 000,000 | - | - | - |
| Scope 2 | 49,590,000 | 00,000,000 | - | - | - |
| Scope 3 | - | - | - | - | - |
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.
Capitaland Ascendas Reit 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.
