Cromwell Property Group Sustainability Profile
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 9 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 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). Globally, Cromwell reported total emissions of about 1,400,000 kg CO2e for the same year. The emissions intensity for the group was approximately 65,000 kg CO2e per square metre, while in Australia, the emissions intensity was reported at about 176,000 kg CO2e per square metre. Cromwell Property Group has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates a need for further development in their climate strategy. The company does not inherit emissions data from any parent organisation, ensuring that their reported figures are solely reflective of their own operations. Overall, Cromwell Property Group's emissions data highlights the significant environmental impact of their operations, particularly in the context of Scope 3 emissions, which are critical for understanding the full carbon footprint of their business activities.
How Carbon Intensive is Cromwell Property Group's Industry?
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Cromwell Property Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cromwell Property Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
