Cromwell Property Group
Cromwell Property Group, a leading Australian real estate investment and development firm, is headquartered in Sydney, Australia. Established in 1998, the company has built a strong reputation in the property industry, focusing on investment management, property development, and asset management across key operational regions in Australia and Europe. Cromwell's core services include managing a diverse portfolio of commercial properties, with a unique emphasis on delivering sustainable and innovative solutions. The firm is recognised for its commitment to enhancing asset value and tenant satisfaction, positioning itself as a trusted partner in the property market. With a robust track record of growth and notable achievements, Cromwell Property Group continues to be a significant player in the real estate sector, dedicated to creating long-term value for its stakeholders.
DitchCarbon Score
How does Cromwell Property Group'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
Cromwell Property Group's score of 16 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cromwell Property Group's reported carbon emissions
In 2024, Cromwell Property Group reported significant carbon emissions, totalling approximately 11,662,000 kg CO2e for Scope 1, 4,336,000 kg CO2e for Scope 2, and 6,972,000 kg CO2e for Scope 3 emissions. The Scope 1 emissions primarily stemmed from stationary combustion (about 4,152,000 kg CO2e) and fugitive emissions (approximately 307,000 kg CO2e). Scope 2 emissions were largely attributed to purchased electricity, amounting to about 4,336,000 kg CO2e. The Scope 3 emissions were notably high, with employee commute contributing approximately 29,893,000 kg CO2e and purchased goods and services accounting for about 53,608,000 kg CO2e. In 2023, Cromwell's emissions in Australia were reported at approximately 73,535,000 kg CO2e for Scope 1, 141,472,000 kg CO2e for Scope 2, and 215,006,000 kg CO2e for Scope 3. The Scope 3 emissions included significant contributions from investments (about 20,950,000 kg CO2e) and purchased goods and services (approximately 10,773,000 kg CO2e). Despite the substantial emissions figures, Cromwell Property Group 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. Overall, Cromwell's emissions data highlights the importance of addressing carbon footprints across all scopes to align with industry standards and climate goals.
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| 2024 | |
|---|---|
| Scope 1 | 11,662,000 |
| Scope 2 | 4,336,000 |
| Scope 3 | 6,972,000 |
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.
Cromwell Property Group 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.
