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 48 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 2023, Equites Property Fund, headquartered in South Africa, reported significant carbon emissions across various scopes. The total emissions for the year included approximately 3,800 kg CO2e for Scope 1, 109,300 kg CO2e for Scope 2, and a substantial 162,967,000 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their environmental impact, with a total of about 183,700 kg CO2e for combined Scope 1 and 2 emissions. Equites has set ambitious climate targets, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 42% by 2030, based on a 2021 baseline. Furthermore, the company is committed to achieving net-zero emissions across all scopes by 2040, which includes a complete reduction of Scope 1, 2, and 3 emissions by that year. These targets have been validated by the Science Based Targets initiative (SBTi), aligning with the 1.5°C climate goal. Equites Property Fund's proactive approach to sustainability not only addresses its operational emissions but also encompasses a broader commitment to reducing its overall carbon footprint, reflecting a growing trend in the real estate sector towards responsible environmental stewardship.
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 committed to some reduction initiatives 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.