Champion REIT
Champion REIT, officially known as Champion Real Estate Investment Trust, is a prominent player in the real estate investment sector, headquartered in Hong Kong. Established in 2006, the trust primarily focuses on the acquisition and management of high-quality retail and office properties, predominantly in Hong Kong and mainland China. With a portfolio that includes notable assets such as the Langham Place and the Champion Tower, Champion REIT stands out for its strategic positioning in prime locations, offering unique value to investors and tenants alike. The trust has achieved significant milestones, including consistent growth in rental income and a strong market presence, making it a key contender in the Asia-Pacific real estate market. Champion REIT's commitment to excellence and sustainable practices further enhances its reputation as a leader in the industry.
DitchCarbon Score
How does Champion 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 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.
Industry Benchmark
Champion REIT's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Champion REIT's reported carbon emissions
In 2023, Champion REIT reported total carbon emissions of approximately 10,690,200 kg CO2e. This figure includes 7,600 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling, accounted for about 10,682,600 kg CO2e. Additionally, Scope 3 emissions, which include indirect emissions from the value chain, totalled approximately 43,600 kg CO2e from purchased goods and services, alongside minor contributions from business travel and employee commuting. In comparison, the previous year, 2022, Champion REIT's total emissions were about 10,730,100 kg CO2e, with Scope 1 emissions at 17,400 kg CO2e and Scope 2 emissions at 10,712,760 kg CO2e. The reduction in total emissions from 2022 to 2023 indicates a commitment to lowering their carbon footprint. Despite these figures, there are currently no specific reduction targets or climate pledges disclosed by Champion REIT. The company continues to navigate the complexities of carbon emissions management within the real estate sector, focusing on improving sustainability practices.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 17,400 | 0,000 |
| Scope 2 | 10,712,760 | 00,000,000 |
| Scope 3 | 5,900,800 | 00,000 |
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.
Champion 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.
