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OrganisationsEquites Property Fund
Equites Property Fund logo

Equites Property Fund

Real Estate ServicesSouth AfricaJNB: EQU.JO
Last verified 3 days agoequites.co.za

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.

45
DitchCarbon score

+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

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

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 goal

2019

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…

Insufficient data12.5%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Equites Property Fund logoEquites Property Fund
ZAReal Estate Services
3 days ago
45
Prologis logoPrologis
USLessors of Nonresidential Buildings (excpet Miniwarehouses)
11 days ago
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Kilroy Realty logoKilroy Realty
USReal Estate Services
9 hours ago
60
View
Duke Realty Corporation logoDuke Realty Corporation
USReal Estate Services
3 days ago
52
View
Growthpoint Properties Australia logoGrowthpoint Properties Australia
AUReal Estate Services
12 days ago
42
View
Hashicorp logoHashicorp
USBusiness Services
12 days ago
40
View
Liberty Two Degrees Degrees logoLiberty Two Degrees Degrees
ZAReal Estate Services
11 days ago
37
View

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