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 25 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Fortress Real Estate's reported carbon emissions
In 2024, Fortress Real Estate, headquartered in South Africa (ZA), reported total carbon emissions of approximately 223,494,000 kg CO2e. This figure includes Scope 1 emissions of about 1,800,000 kg CO2e, which encompasses direct emissions from owned or controlled sources, and Scope 2 emissions of approximately 4,898,000 kg CO2e, representing indirect emissions from the generation of purchased electricity. The majority of their emissions, about 216,796,000 kg CO2e, fall under Scope 3, which includes emissions from business travel, employee commuting, and purchased goods and services. Comparatively, in 2023, Fortress recorded total emissions of around 221,994,000 kg CO2e, indicating a slight increase in emissions year-on-year. The breakdown for 2023 shows Scope 1 emissions at approximately 1,705,000 kg CO2e, Scope 2 at about 7,681,000 kg CO2e, and Scope 3 at around 212,608,000 kg CO2e. Despite the significant emissions figures, Fortress Real Estate has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions data is sourced directly from Fortress Real Estate Investments Limited, with no cascading data from a parent or related organization. Overall, Fortress Real Estate's emissions profile highlights the need for enhanced climate commitments and strategies to address their substantial carbon footprint, particularly in Scope 3 emissions, which represent the largest portion of their total emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 886,000 | 000,000 | 000,000 | 000,000 | 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 |
| Scope 3 | 293,570,000 | 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 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.
