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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
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Equites Property Fund's reported carbon emissions
In 2023, Equites Property Fund, headquartered in South Africa, reported its carbon emissions as follows: 3,800 kg CO2e for Scope 1, 109,300 kg CO2e for Scope 2, and 162,967,000 kg CO2e for Scope 3. This reflects a total of approximately 183,100 kg CO2e for Scope 1 and 2 combined. The company has set ambitious targets to reduce its greenhouse gas emissions, committing to a 42% reduction in Scope 1 and 2 emissions by 2030, based on a 2021 baseline. Furthermore, Equites aims to achieve net-zero emissions across all scopes by 2040, with a complete reduction of Scope 1, 2, and 3 emissions by that year. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the goal of limiting global warming to 1.5°C.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
