Cromwell European REIT Management, headquartered in Singapore, is a prominent player in the real estate investment trust (REIT) industry. Founded in 2017, the company focuses on managing a diversified portfolio of high-quality income-generating properties across Europe, particularly in key markets such as Germany, France, and the Netherlands. Cromwell European REIT Management stands out for its strategic approach to asset management, emphasising sustainability and tenant satisfaction. The firm’s core offerings include commercial and industrial properties, which are meticulously selected to ensure robust returns and long-term growth. With a commitment to excellence, Cromwell European REIT Management has achieved significant milestones, positioning itself as a trusted name in the sector. Its dedication to innovation and operational efficiency has garnered recognition, making it a preferred choice for investors seeking reliable real estate opportunities.
How does Cromwell Ereit Management'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.
Cromwell Ereit Management's score of 41 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cromwell Ereit Management reported total carbon emissions of approximately 136,911,000 kg CO2e, with emissions distributed across Scope 1 (about 50,679,000 kg CO2e), Scope 2 (approximately 28,416,000 kg CO2e), and Scope 3 (around 136,911,000 kg CO2e). This marked a significant increase compared to previous years, where total emissions were approximately 57,829,000 kg CO2e in 2022 and 61,990,000 kg CO2e in 2021. In 2022, the company’s emissions included about 64,000,000 kg CO2e from Scope 1, 34,000,000 kg CO2e from Scope 2, and 168,000,000 kg CO2e from Scope 3. The 2021 figures showed approximately 5,959,000 kg CO2e in Scope 1, 40,198,000 kg CO2e in Scope 2, and 15,833,000 kg CO2e in Scope 3. Cromwell Ereit Management has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term sustainability strategies. The company operates within a challenging industry context, where significant emissions are often associated with real estate management and development. Overall, Cromwell Ereit Management's emissions data highlights the importance of ongoing monitoring and potential future commitments to reduce their carbon footprint in alignment with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 5,527,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 40,988,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 8,644,000 | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
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.
Cromwell Ereit Management 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.