Fibra Upsite Sustainability Profile
Fibra Upsite, officially known as Fideicomiso de Inversión en Bienes Raíces Upsite, is a prominent player in the Mexican real estate investment trust (REIT) sector. Headquartered in Mexico City, the company primarily operates across major urban regions in Mexico, focusing on the acquisition, development, and management of high-quality commercial properties. Founded in 2016, Fibra Upsite has quickly established itself as a leader in the industry, with a portfolio that includes office buildings, retail spaces, and mixed-use developments. What sets Fibra Upsite apart is its commitment to sustainability and innovation, ensuring that its properties meet modern environmental standards while providing exceptional value to investors. With a strong market position and a reputation for reliability, Fibra Upsite continues to achieve significant milestones, making it a key player in Mexico's evolving real estate landscape.
DitchCarbon Score
How does Fibra Upsite'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 Financial Intermediation 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
Fibra Upsite's score of 30 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fibra Upsite's reported carbon emissions
In 2023, Fibra Upsite reported significant carbon emissions, totalling approximately 14612490 kg CO2e for Scope 1, 162486610 kg CO2e for Scope 2, and a staggering 279399755520 kg CO2e for Scope 3 emissions. This data reflects a comprehensive disclosure of their emissions across all relevant scopes, indicating a robust approach to climate accountability. Despite the high emissions figures, Fibra Upsite has not established specific reduction targets or initiatives as part of their climate commitments. There are currently no science-based targets (SBTi) or documented reduction initiatives in place, which suggests an opportunity for the organisation to enhance its climate strategy. The emissions data is not cascaded from any parent organisation, indicating that Fibra Upsite is independently reporting its carbon footprint. The absence of reduction targets highlights a critical area for improvement in their sustainability efforts, particularly in the context of increasing industry standards for climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 14,612,490 | 00,000,000 |
| Scope 2 | 162,486,610 | 000,000,000 |
| Scope 3 | 279,399,755,520 | 000,000,000,000 |
How Carbon Intensive is Fibra Upsite's Industry?
How Carbon Intensive is Fibra Upsite's Location?
Fibra Upsite's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fibra Upsite has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
