Public Profile

Fortress Real Estate

Fortress Real Estate, also known as Fortress Fund Managers, is a prominent player in the South African real estate sector, headquartered in Johannesburg, ZA. Established in 2009, the company has rapidly evolved, focusing on logistics and retail properties across key operational regions in South Africa and sub-Saharan Africa. Specialising in high-quality, income-generating assets, Fortress Real Estate distinguishes itself through its strategic approach to property management and development. The firm’s portfolio includes a diverse range of properties, ensuring resilience and growth in a competitive market. With a strong commitment to sustainability and innovation, Fortress has achieved notable milestones, solidifying its position as a leader in the industry.

DitchCarbon Score

How does Fortress Real Estate'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.

36

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.

24

Industry Benchmark

Fortress Real Estate's score of 36 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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Fortress Real Estate's reported carbon emissions

In 2023, Fortress Real Estate reported total carbon emissions of approximately 221,994,000 kg CO2e. This figure includes 1,705,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 7,681,000 kg CO2e from Scope 2 emissions, associated with purchased electricity. The majority of their emissions, about 212,608,000 kg CO2e, fall under Scope 3, which encompasses indirect emissions from the value chain, including business travel and purchased goods and services. Over the years, Fortress has demonstrated a commitment to reducing its carbon footprint. Notably, emissions decreased from approximately 328,769,000 kg CO2e in 2019 to 221,994,000 kg CO2e in 2023, reflecting a significant reduction in total emissions. This trend indicates a proactive approach to sustainability, although specific reduction targets or initiatives have not been disclosed. Fortress Real Estate's emissions data highlights their ongoing efforts to address climate change, aligning with industry standards for transparency and accountability in carbon reporting.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
Scope 1
886,000
000,000
000,000
000,000
000,000
0,000,000
0,000,000
Scope 2
9,855,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
293,570,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fortress Real Estate's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Fortress Real Estate is in ZA, which has a very high grid carbon intensity relative to other regions.

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.

Fortress Real Estate is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers