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.
How does Equites Property Fund'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.
Equites Property Fund's score of 55 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Equites Property Fund reported total carbon emissions of approximately 191,003,000 kg CO2e, with emissions distributed across various scopes: 6,200 kg CO2e (Scope 1), 177,500 kg CO2e (Scope 2), and 191,003,000 kg CO2e (Scope 3). The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 42% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2021 baseline. Furthermore, Equites aims to achieve net-zero emissions across all scopes by 2040, with a total reduction target of 100% from the same baseline year. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the real estate sector in South Africa.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 1,400 | 0,000 | 0,000 |
Scope 2 | 98,000 | 000,000 | 000,000 |
Scope 3 | 170,218,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Equites Property Fund is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.