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.
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
Fortress Real Estate's score of 19 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 employee commuting. Over the years, Fortress has demonstrated a commitment to reducing its carbon footprint. From 2018 to 2023, the company has achieved a significant reduction in total emissions, decreasing from approximately 304,311,000 kg CO2e in 2018 to 221,994,000 kg CO2e in 2023. This represents a reduction of about 82,317,000 kg CO2e over five years. Despite these reductions, Fortress has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its sustainability practices and reducing its overall carbon emissions in alignment with industry standards.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| 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
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.
Fortress Real Estate 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.
