Elite Commercial Reit Management Pte. Ltd.

In 2023, Elite Commercial Reit Management Pte. Ltd. reported total carbon emissions of approximately 12,884,000 kg CO2e for Scope 1, 45,502,000 kg CO2e for Scope 2, and 92,400 kg CO2e for Scope 3. This reflects a slight decrease in Scope 1 emissions compared to 2022, where emissions were about 14,871,000 kg CO2e, and a significant reduction in Scope 2 emissions from approximately 61,940,000 kg CO2e. Over the years, the company has shown fluctuations in its emissions profile. For instance, in 2021, Scope 1 emissions were about 14,557,000 kg CO2e, and Scope 2 emissions peaked at approximately 70,346,000 kg CO2e. The Scope 3 emissions have also varied, with 2022 reporting about 49,500 kg CO2e, which included contributions from business travel and employee commuting. Despite these emissions figures, Elite Commercial Reit Management has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction strategies indicates a potential area for improvement in their climate commitments. Overall, while the company has made strides in managing its carbon footprint, the lack of formal reduction targets suggests that further action may be necessary to align with industry standards for climate accountability.