Dexus Funds Management Limited Sustainability Profile
Dexus Funds Management Limited, commonly referred to as Dexus, is a leading Australian real estate investment trust (REIT) headquartered in Sydney, Australia. Established in 1984, Dexus has grown to become a prominent player in the property investment and management industry, focusing primarily on office, industrial, and retail sectors across major Australian cities. With a robust portfolio valued at billions, Dexus is renowned for its commitment to sustainable property solutions and innovative asset management strategies. The company’s core services include property investment, development, and management, distinguished by a strong emphasis on environmental sustainability and tenant satisfaction. Dexus has achieved notable milestones, including recognition as one of the largest office landlords in Australia, reflecting its strong market position and dedication to delivering long-term value to investors and stakeholders alike.
DitchCarbon Score
How does Dexus Funds Management Limited'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
Dexus Funds Management Limited's score of 6 is lower than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Dexus Funds Management Limited's reported carbon emissions
In 2023, Dexus Funds Management Limited reported a net greenhouse emissions intensity of approximately 0.047 kg CO2e per square metre for its office portfolio. This figure reflects a slight decrease from 0.049 kg CO2e/sqm in 2022 and 0.052 kg CO2e/sqm in 2021, indicating a positive trend in emissions management. The company has not disclosed specific Scope 1, 2, or 3 emissions data, nor has it set formal reduction targets through initiatives such as the Science Based Targets initiative (SBTi). Dexus operates as a current subsidiary of Dexus Funds Management Limited, and its emissions data is cascaded from this parent organization. Despite the absence of explicit reduction commitments or climate pledges, the company is actively monitoring its emissions intensity, which is a critical step in addressing climate change impacts within the real estate sector. The ongoing focus on reducing emissions intensity aligns with industry standards and reflects a commitment to sustainability in its operations.
How Carbon Intensive is Dexus Funds Management Limited's Industry?
How Carbon Intensive is Dexus Funds Management Limited's Location?
Dexus Funds Management Limited'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.
Dexus Funds Management Limited 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.
