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.
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.
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 Property Group's score of 9 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cromwell Property Group reported significant carbon emissions in Australia, totalling approximately 215,006,000 kg CO2e. This figure includes Scope 1 emissions of about 73,535,000 kg CO2e, Scope 2 emissions of around 141,472,000 kg CO2e, and Scope 3 emissions, which account for the majority, at approximately 215,006,000 kg CO2e. Notably, the Scope 3 emissions breakdown includes investments (20,950,000 kg CO2e), capital goods (5,453,000 kg CO2e), and waste generated in operations (1,546,000 kg CO2e), among others. Cromwell has not disclosed specific reduction targets or initiatives in their recent reports, indicating a lack of formal commitments such as Science-Based Targets Initiative (SBTi) targets. The company’s emissions intensity for its Australian commercial offices was reported at about 176,000 kg CO2e per square metre in 2023. Cromwell Property Group's emissions data is not cascaded from any parent organisation, and all reported figures are derived directly from their own disclosures. The company continues to focus on transparency in its emissions reporting, although further commitments to reduction strategies are not currently outlined.
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.
