Emira Property Fund, commonly referred to as Emira, is a prominent South African real estate investment trust (REIT) headquartered in Johannesburg, ZA. Established in 2003, Emira has made significant strides in the property sector, focusing on the acquisition, development, and management of a diverse portfolio that includes retail, office, and industrial properties across South Africa and select international markets. With a commitment to sustainability and innovation, Emira offers unique investment opportunities through its core services, which include property management and asset enhancement. The company has garnered recognition for its strategic approach to property investment, positioning itself as a leader in the South African real estate landscape. Notable achievements include a strong track record of delivering consistent returns to investors, underscoring its reputation as a reliable player in the industry.
How does Emira'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.
Emira's score of 37 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Emira Property Fund Ltd reported total greenhouse gas emissions of approximately 169.5 million kg CO2e. This figure includes Scope 1 emissions of about 5.1 million kg CO2e, Scope 2 emissions of approximately 100.2 million kg CO2e, and Scope 3 emissions of around 64.3 million kg CO2e. The previous year, 2023, saw total emissions of about 189.2 million kg CO2e, with Scope 1 at approximately 5.1 million kg CO2e, Scope 2 at about 107.5 million kg CO2e, and Scope 3 at around 76.6 million kg CO2e. Emira has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using 2019 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. The company also intends to measure and reduce its Scope 3 emissions, which encompass indirect emissions from its value chain. Overall, Emira's commitment to sustainability and emissions reduction reflects its proactive approach to addressing climate change within the real estate sector in South Africa.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 439,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 128,000 | 000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 46,385,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Emira's Scope 3 emissions, which decreased by 16% last year and increased by approximately 39% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 38% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 57% of Scope 3 emissions.
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.
Emira has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.


Common questions about Emira's sustainability data and climate commitments
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