Public Profile

Growthpoint Properties

Growthpoint Properties, a leading South African real estate investment trust (REIT), is headquartered in Johannesburg, ZA. Established in 1987, the company has grown to become a prominent player in the property sector, focusing on the acquisition, development, and management of a diverse portfolio of commercial, retail, and industrial properties across South Africa and beyond. With a commitment to sustainability and innovation, Growthpoint Properties offers unique services that enhance tenant experiences and property value. The company is recognised for its strategic investments and has achieved notable milestones, including being the first South African REIT to be listed on the JSE. As a market leader, Growthpoint continues to set benchmarks in the industry, driving growth and delivering exceptional returns for its stakeholders.

DitchCarbon Score

How does Growthpoint Properties'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.

50

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.

15

Industry Benchmark

Growthpoint Properties's score of 50 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

Growthpoint Properties's reported carbon emissions

In 2023, Growthpoint Properties reported total carbon emissions of approximately 597,970,950 kg CO2e. This figure includes Scope 1 emissions of about 13,570,000 kg CO2e, Scope 2 emissions of approximately 42,802,000 kg CO2e, and significant Scope 3 emissions totalling around 536,682,000 kg CO2e. Over the years, the company has shown a commitment to reducing its carbon footprint. For instance, in 2021, their total emissions were about 66,805,000 kg CO2e, which indicates a reduction in emissions in subsequent years. However, specific reduction targets have not been established, as Growthpoint Properties has not committed to net-zero emissions or set long-term reduction goals. The company is currently in a transitory grace period for compliance with its Commitment Compliance Policy, with targets expected to be submitted by July 31, 2023. This reflects an ongoing effort to align with industry standards and improve sustainability practices within the real estate sector in South Africa.

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Add to project
20152016201720202021202220232024
Scope 1
-
-
-
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
Scope 2
-
-
-
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
-
-
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Growthpoint Properties's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Growthpoint Properties is headquartered in ZA, which has a rank of very high, indicating very high grid carbon 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.

Growthpoint Properties 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers