Champion REIT

Champion REIT, a Hong Kong-based real estate services company, is actively managing its carbon footprint. In 2024, the company's total reported greenhouse gas emissions were approximately 16.9 million kg CO2e. This includes about 9,100 kg CO2e from Scope 1 emissions, approximately 9.9 million kg CO2e from Scope 2 emissions, and roughly 7.3 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions include downstream leased assets at around 7.2 million kg CO2e, purchased goods and services at approximately 76,400 kg CO2e, employee commute at about 4,000 kg CO2e, and business travel at around 2,600 kg CO2e.

Looking back, Champion REIT's total emissions in 2023 were approximately 16.6 million kg CO2e. This comprised around 7,600 kg CO2e for Scope 1, approximately 10.7 million kg CO2e for Scope 2, and about 5.9 million kg CO2e for Scope 3. The year 2022 saw total emissions of approximately 10.8 million kg CO2e, with Scope 1 at about 17,400 kg CO2e, Scope 2 at approximately 10.7 million kg CO2e, and Scope 3 at about 64,500 kg CO2e.

Champion REIT has set a near-term target to achieve a 42% reduction in carbon intensity across Scope 1, Scope 2, and all Scope 3 emissions by 2030, using 2011 as a baseline. The company directly reports its emissions data and climate commitments, with no cascaded information from a parent or related organisation.