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.
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.
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.
Growthpoint Properties's score of 42 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Growthpoint Properties reported total carbon emissions of approximately 597,970,950 kg CO2e. This figure includes 18,487,340 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 42,801,500 kg CO2e from Scope 2 emissions, related to purchased electricity. The company also recorded significant Scope 3 emissions, amounting to approximately 536,682,110 kg CO2e, which includes emissions from the value chain, such as downstream leased assets. Over the years, Growthpoint has shown fluctuations in its emissions, with a notable total of 668,050,000 kg CO2e in 2021 and 760,912,000 kg CO2e in 2020. The company has not set specific near-term or long-term reduction targets, as previous commitments have expired or been removed. However, they are currently in a transitory grace period for compliance with their Commitment Compliance Policy, with a deadline for new targets set for July 31, 2023. Growthpoint Properties operates in the real estate sector in South Africa and is focused on improving its sustainability practices. While they have not committed to net-zero emissions, they are actively working on strategies to enhance their environmental performance. The company’s emissions intensity metrics indicate a commitment to reducing carbon footprints in their operations, although specific reduction initiatives have not been detailed in the latest reports.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 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 |
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 not participating in any 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.