Grit Real Estate Income
Grit Real Estate Income Group, commonly referred to as Grit, is a prominent player in the real estate investment sector, headquartered in Mauritius (MU). Founded in 2016, Grit focuses on acquiring and managing high-quality income-generating properties across key markets in Africa and the Indian Ocean region. Specialising in commercial real estate, Grit's portfolio includes retail, office, and industrial properties, distinguished by their strategic locations and robust tenant profiles. The company has achieved significant milestones, including a successful listing on the London Stock Exchange, which underscores its strong market position. With a commitment to delivering sustainable returns, Grit Real Estate Income stands out for its unique approach to property management and investment, making it a trusted choice for investors seeking exposure to the dynamic African real estate market.
DitchCarbon Score
How does Grit Real Estate Income'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 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
Grit Real Estate Income's score of 35 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grit Real Estate Income's reported carbon emissions
In 2023, Grit Real Estate Income reported total carbon emissions of approximately 25,482,000 kg CO2e from Scope 3, alongside 946,000 kg CO2e from Scope 1 and 11,316,000 kg CO2e from Scope 2. This marked a significant increase in emissions compared to previous years, particularly in Scope 3, which includes emissions from business travel and purchased goods and services. In 2022, the company recorded emissions of about 86,121 kg CO2e in Scope 3, 34,806,000 kg CO2e in Scope 2, and 24,901 kg CO2e in Scope 1. The trend indicates a growing carbon footprint, particularly in Scope 3 emissions, which are often the most challenging to manage. Grit Real Estate Income has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate strategy. The absence of documented reduction initiatives suggests that the company may need to enhance its focus on sustainability and emissions reduction to align with industry standards and expectations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 0,000 | 00,000 | 000,000 | 0,000,000 |
| Scope 2 | 40,444,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 268,171 | 000,000 | 0,000 | 00,000 | 00,000,000 | 00,000,000 |
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.
Grit Real Estate Income 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.
