First Real Estate Investment Trust (First REIT) is a prominent player in the real estate investment sector, headquartered in Singapore (SG). Established in 2006, the trust primarily focuses on healthcare and hospitality properties across Asia, with a significant presence in Singapore and Indonesia. First REIT distinguishes itself through its unique portfolio, which includes a diverse range of properties such as hospitals, nursing homes, and hotels, catering to the growing demand for healthcare services in the region. The trust has achieved notable milestones, including consistent distribution payouts and strategic acquisitions that enhance its market position. With a commitment to sustainable growth and a strong track record, First REIT continues to be a trusted choice for investors seeking exposure to the healthcare real estate market in Asia.
How does First Real Estate Investment Trust'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.
First Real Estate Investment Trust's score of 28 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, First Real Estate Investment Trust (First REIT) reported carbon emissions of approximately 59,911,500 kg CO2e for Scope 2 and about 672,500 kg CO2e for Scope 3. This marks an increase in Scope 2 emissions from approximately 55,313,900 kg CO2e in 2022 and about 54,627,600 kg CO2e in 2021. Scope 3 emissions also saw a rise from approximately 636,900 kg CO2e in 2021 and 672,100 kg CO2e in 2022. Despite these increases, First REIT has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of formal climate pledges or science-based targets indicates a need for enhanced commitment to sustainability practices within the real estate sector. As the company continues to operate in a climate-conscious environment, it may benefit from establishing clear reduction goals to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | 54,627,600 | 00,000,000 | 00,000,000 |
Scope 3 | 636,900 | 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.
First Real Estate Investment Trust is not committed to any 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.