Equites Property Fund
Equites Property Fund, a leading South African real estate investment trust (REIT), is headquartered in Cape Town, ZA. Established in 2013, the company has rapidly positioned itself as a key player in the logistics and industrial property sector, focusing primarily on the development and management of high-quality logistics facilities across South Africa and the United Kingdom.
Equites is renowned for its unique approach to property investment, offering a diversified portfolio that includes modern warehouses and distribution centres tailored to meet the needs of e-commerce and logistics companies. With a commitment to sustainability and innovation, the fund has achieved significant milestones, including a successful listing on the Johannesburg Stock Exchange. Its strategic focus on prime locations and long-term tenant relationships has solidified Equites' reputation as a trusted partner in the property market.
+17 vs industry average
Equites Property Fund’s score of 45 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Equites Property Fund's reported carbon emissions
## Equites Property Fund: Carbon Emissions and Climate Commitments Equites Property Fund, headquartered in South Africa (ZA), is actively engaged in setting and pursuing ambitious climate targets. The company has committed to reaching net-zero emissions by 2040, aligning its long-term goals with a 1.5°C warming scenario. **Key Emissions Data and Targets:** * **2024 Emissions:** * Total: Approximately 191.03 million kg CO2e. * Scope 1: Approximately 6.20 thousand kg CO2e. * Scope 2: Approximately 109.00 thousand kg CO2e (market-based). * Scope 3: Approximately 191.00 million kg CO2e. * **2023 Emissions:** * Total: Approximately 162.97 million kg CO2e. * Scope 1: Approximately 3.80 thousand kg CO2e. * Scope 2: Approximately 109.30 thousand kg CO2e. * Scope 3: Approximately 163.00 million kg CO2e. * **2022 Emissions:** * Total: Approximately 170.22 million kg CO2e. * Scope 1: Approximately 1.40 thousand kg CO2e. * Scope 2: Approximately 98.00 thousand kg CO2e. * Scope 3: Approximately 170.22 million kg CO2e. **Climate Commitments and Goals:** Equites Property Fund has demonstrated a strong commitment to environmental stewardship through several key initiatives: * **Science-Based Targets (SBTi):** The company has set near-term targets to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using a 2021 baseline year. They also commit to measuring and reducing their Scope 3 emissions. * **Net-Zero Ambition:** Equites aims to achieve net-zero carbon emissions by 2050. This overarching goal is further reinforced by a commitment to reduce all scopes (1, 2, and 3) emissions by 100% by 2040. The company's reporting indicates a clear strategy for emission reduction, with ongoing efforts to track progress and implement sustainable practices across its operations.
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Equites Property Fund’s Climate Goals (2030 & 2050)
1 goal2019
12.5% reduction in Scope 2
Our carbon footprint emission for scope 2 (electricity purchased) decreased by 12.5% and the intensity of our carbon emission decreased from…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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