Frasers Centrepoint Trust (FCT), a prominent player in the retail real estate investment trust (REIT) sector, is headquartered in Singapore (SG). Established in 2006, FCT has rapidly expanded its portfolio, focusing on high-quality suburban retail properties across Singapore. The trust is renowned for its strategic acquisitions and management of shopping malls, which cater to diverse consumer needs. FCT's unique approach combines innovative retail solutions with a commitment to sustainability, setting it apart in the competitive market. With a strong market position, FCT has achieved notable milestones, including consistent distribution per unit growth and recognition for its operational excellence. As a key contributor to Singapore's retail landscape, Frasers Centrepoint Trust continues to enhance the shopping experience while delivering value to its stakeholders.
How does Frasers Centrepoint 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.
Frasers Centrepoint Trust's score of 68 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Frasers Centrepoint Trust, headquartered in Singapore, has made significant strides in addressing its carbon emissions and climate commitments. In 2023, the trust reported total emissions of approximately 98,960,290 kg CO2e, with Scope 1 emissions at 1,752,780 kg CO2e, Scope 2 emissions at 17,740,680 kg CO2e, and Scope 3 emissions at 79,466,830 kg CO2e. The trust has set ambitious reduction targets, committing to a 46.4% reduction in absolute Scope 1 and 2 greenhouse gas emissions by FY2030, using FY2019 as the base year. Additionally, it aims to reduce Scope 3 emissions from purchased goods and services, waste generated in operations, and downstream leased assets by 46.2% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the goal of limiting global warming to 1.5°C. Frasers Centrepoint Trust is also committed to achieving net-zero emissions across all scopes by 2050, demonstrating its dedication to sustainable practices and climate responsibility in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 12,200,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 | 00,000 | 00,000,000 |
Scope 2 | 4,400,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 16,600,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000 | 00,000,000 |
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.
Frasers Centrepoint Trust is committed to some 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.