Dexus, officially known as Dexus Property Group, is a leading Australian real estate investment trust (REIT) headquartered in Sydney. Established in 1984, the company has grown to become a prominent player in the property sector, focusing on office, industrial, and retail assets across major Australian cities, including Melbourne and Brisbane. Dexus is renowned for its commitment to sustainability and innovation, offering a diverse portfolio of high-quality properties that cater to a range of tenants. The company’s unique approach to integrated property management and development sets it apart in the competitive landscape. With a strong market position, Dexus has achieved notable milestones, including recognition for its environmental initiatives and consistent performance in delivering shareholder value.
How does Dexus'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.
Dexus's score of 53 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Dexus reported total carbon emissions of approximately 128,006,000 kg CO2e, with specific contributions from Scope 1 emissions at about 12,111,000 kg CO2e, and Scope 2 emissions at zero, indicating a shift towards more sustainable energy sources. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 70% and Scope 3 emissions by 25% by 2030, using 2018 as the baseline year. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects Dexus's dedication to achieving significant reductions in its carbon footprint. Dexus's emissions intensity has shown a downward trend over the years, with a notable reduction in emissions per square metre of property managed. The company is also committed to achieving net-zero emissions across all scopes by 2050, further solidifying its role as a leader in sustainable real estate investment.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 18,909,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 131,114,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | - | - |
Scope 3 | 36,260,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Dexus is committed to some 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.