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 57 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 reaching 79,466,830 kg CO2e. The Trust has set ambitious reduction targets, committing to a 46.4% reduction in absolute Scope 1 and 2 GHG emissions by FY2030, using FY2019 as the baseline. Additionally, it aims for a 46.2% reduction in absolute Scope 3 emissions, which include emissions from purchased goods and services, waste generated in operations, and downstream leased assets, within the same timeframe. Frasers Centrepoint Trust is also committed to achieving net-zero emissions by 2050, encompassing all scopes of emissions. This commitment aligns with the Science Based Targets initiative (SBTi), which underscores the Trust's dedication to sustainable practices in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 66,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 180,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000,000 | 00,000,000 | 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.