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 31 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Capitaland Ascendas Reit's reported carbon emissions
In 2023, Capitaland Ascendas REIT reported total carbon emissions of approximately 58,250,000 kg CO2e across various scopes. This includes 507,000 kg CO2e from Scope 1, 48,943,000 kg CO2e from Scope 2, and 140,760,000 kg CO2e from Scope 3 emissions, which encompasses business travel and downstream leased assets. In Singapore, the REIT's emissions for 2023 were about 37,645,000 kg CO2e, with 13,000 kg CO2e from Scope 1 and 37,632,000 kg CO2e from Scope 2. The significant Scope 3 emissions highlight the REIT's broader impact beyond direct operations. Despite the detailed emissions reporting, there are currently no specified reduction targets or initiatives outlined in their climate commitments. This lack of defined reduction strategies may indicate an opportunity for Capitaland Ascendas REIT to enhance its sustainability efforts and align with industry standards for climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 473,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 49,590,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 |
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.
Capitaland Ascendas Reit 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.
