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 98% 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 2023, Cromwell Property Group reported significant carbon emissions in Australia, totalling approximately 215,006,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 73,535,000 kg CO2e, Scope 2 emissions reached approximately 141,472,000 kg CO2e, and Scope 3 emissions accounted for about 215,006,000 kg CO2e. Notably, the Scope 3 emissions included various categories such as investments (20,950,000 kg CO2e), capital goods (5,453,000 kg CO2e), and employee commute (73,000 kg CO2e). Cromwell's emissions intensity for its Australian commercial offices was reported at about 176,000 kg CO2e per square metre. The company has disclosed its emissions data across all scopes, indicating a commitment to transparency in its climate impact. Despite the detailed emissions reporting, there are currently no specific reduction targets or initiatives outlined in their climate commitments. This lack of defined reduction strategies suggests that while Cromwell is actively monitoring its emissions, it may need to establish clearer goals to enhance its sustainability efforts in the future.
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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.
