First Real Estate Investment Trust

First Real Estate Investment Trust's reported carbon emissions

In 2023, First Real Estate Investment Trust (First REIT), headquartered in Singapore (SG), reported total carbon emissions of approximately 60,000,000 kg CO2e. This figure comprises 59,911,500 kg CO2e from Scope 2 emissions and 672,500 kg CO2e from Scope 3 emissions. Notably, First REIT does not disclose any Scope 1 emissions data. Comparatively, in 2022, the total emissions were about 55,313,900 kg CO2e, with Scope 2 emissions at 55,313,900 kg CO2e and Scope 3 emissions at 672,100 kg CO2e. This indicates a slight increase in emissions from 2022 to 2023. First REIT has not established any specific reduction targets or climate pledges, nor does it report any initiatives under the Science Based Targets initiative (SBTi). The absence of documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, First REIT's emissions data reflects its current operational impact, while the lack of defined climate commitments highlights an opportunity for future sustainability enhancements.