Ditchcarbon
  • Contact
  1. Organizations
  2. Growthpoint Properties
Public Profile
Real Estate Services
ZA
updated 2 months ago

Growthpoint Properties Sustainability Profile

Company website

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.

51

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.

26

Industry Benchmark

Growthpoint Properties's score of 51 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

Let us know if this data was useful to you

Growthpoint Properties's reported carbon emissions

In 2024, Growthpoint Properties reported total carbon emissions of approximately 573,840,600 kg CO2e. This includes Scope 1 emissions of about 18,521,110 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 45,034,760 kg CO2e, all from purchased electricity. The company’s Scope 3 emissions were significant, totalling around 510,284,730 kg CO2e, with downstream leased assets contributing the largest share at about 495,746,070 kg CO2e. In comparison, the 2023 emissions data indicated a total of approximately 597,970,960 kg CO2e, with Scope 1 emissions at about 18,487,340 kg CO2e and Scope 2 emissions at approximately 42,801,500 kg CO2e. Scope 3 emissions for that year were around 536,682,110 kg CO2e. Growthpoint Properties has set ambitious climate commitments, aiming to produce 20 MWp of solar power within its property portfolio by FY25, which will impact both Scope 1 and Scope 2 emissions. Additionally, the company targets achieving 40% of its electricity consumption from renewable sources by the end of FY28 and plans to have 20 net zero certified buildings by FY28. Furthermore, they aspire for 100% certification of all long-term hold office buildings by 2050. The company is not currently committed to net zero but has expressed intentions to submit reduction targets to the Science Based Targets initiative (SBTi) by July 31, 2023. Growthpoint Properties operates within the real estate sector in South Africa and is focused on enhancing its sustainability practices while addressing its carbon footprint.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20152016201720202021202220232024
Scope 1
-
-
-
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
Scope 2
-
-
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is Growthpoint Properties's Industry?

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 low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Growthpoint Properties's Location?

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. This request for Growthpoint Properties is in ZA, which has a very high grid carbon intensity relative to other regions.

Growthpoint Properties's Scope 3 Categories Breakdown

Growthpoint Properties's Scope 3 emissions, which decreased by 5% last year and decreased by approximately 22% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 97% of Scope 3 emissions.

Top Scope 3 Categories

2024
Downstream Leased Assets
97%
Waste Generated in Operations
2%
Purchased Goods and Services
<1%
Business Travel
<1%
Employee Commuting
<1%
Upstream Transportation & Distribution
<1%

Growthpoint Properties's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Growthpoint Properties has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Growthpoint Properties's Emissions with Industry Peers

Liberty Two Degrees Degrees

ZA
•
Real estate services (70)
Updated 3 days ago

Cbre

GB
•
Other business services (74)
Updated 2 days ago

Dexus

AU
•
Real estate services (70)
Updated 4 days ago

Simon

US
•
Real estate services (70)
Updated 4 days ago

Vicinity Centres

AU
•
Real estate services (70)
Updated 10 days ago

Oxford Investa Property Partners

AU
•
Real estate services (70)
Updated about 1 month ago

Let us know if this data was useful to you

Where does DitchCarbon data come from?

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

Ditchcarbon
v251031.4
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy