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 56 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Frasers Centrepoint Trust reported total carbon emissions of approximately 47,000,000 kg CO2e from Scope 3 and about 25,700,000 kg CO2e from Scope 1 and 2 combined. This data reflects their ongoing commitment to sustainability and climate action. In 2023, the Trust's emissions were significantly higher, with total emissions reaching about 98,960,290 kg CO2e, comprising approximately 1,752,780 kg CO2e from Scope 1, 17,740,680 kg CO2e from Scope 2, and around 79,466,830 kg CO2e from Scope 3. Frasers Centrepoint 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 baseline. Additionally, they aim for a 46.2% reduction in Scope 3 emissions, which include emissions from purchased goods and services, waste generated in operations, and downstream leased assets, within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect their commitment to limiting global warming to 1.5°C. The Trust's initiatives also include a specific target set by FPUK, which aims for a 61% reduction in Scope 1 and 2 emissions and a 46% reduction in Scope 3 emissions in its UK business parks by 2030. This demonstrates a proactive approach to managing their carbon footprint across various regions. Overall, Frasers Centrepoint Trust is actively working towards significant emissions reductions, showcasing their dedication to environmental sustainability and climate resilience.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | - | - | - |
Scope 2 | 12,500,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
Scope 3 | - | - | 00,000,000 | 00,000,000 | 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 participating in some 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.