Equites Property Fund

Equites Property Fund, a real estate services company headquartered in South Africa, reported its most recent carbon emissions data for 2024. The company's Scope 1 emissions were 6,200 kg CO2e, and its Scope 2 emissions (market-based) were 109,000 kg CO2e. Scope 3 emissions totalled 212,783,000 kg CO2e. In the prior year, 2023, Equites Property Fund reported Scope 1 emissions of 3,800 kg CO2e, Scope 2 emissions of 109,300 kg CO2e, and Scope 3 emissions of 174,813,000 kg CO2e. For 2022, the company's Scope 1 emissions were 1,400 kg CO2e, Scope 2 emissions were 98,000 kg CO2e, and Scope 3 emissions were 170,218,000 kg CO2e.

Equites Property Fund has made significant climate commitments, with its Science Based Targets initiative (SBTi) approved targets demonstrating a commitment to reduce Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 base year. The company also commits to measure and reduce its Scope 3 emissions. Ultimately, Equites Property Fund aims to achieve net-zero emissions by 2040, encompassing a 100% reduction in Scope 1, 2, and 3 emissions from a 2021 base year, consistent with a 1.5°C global warming target.