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.
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.
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.
Champion REIT's score of 38 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Champion REIT reported total carbon emissions of approximately 10,690,200 kg CO2e, a slight decrease from about 10,730,100 kg CO2e in 2022. The emissions breakdown for 2023 includes Scope 1 emissions of 7,600 kg CO2e, Scope 2 emissions of about 10,682,600 kg CO2e, and Scope 3 emissions of approximately 47,800 kg CO2e, which encompasses business travel, employee commute, and purchased goods and services. Champion REIT has set ambitious targets to reduce carbon intensity by 42% from a 2011 baseline by the year 2030, applicable to both Scope 1 and Scope 2 emissions. This commitment reflects the organisation's dedication to sustainability and its proactive approach to mitigating climate impact. The company continues to disclose its emissions data and reduction initiatives, aligning with industry standards for transparency and accountability in climate action.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 17,400 | 0,000 |
Scope 2 | 10,712,760 | 00,000,000 |
Scope 3 | 5,900,800 | 00,000 |
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 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.