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Growthpoint Properties Australia, a leading real estate investment trust (REIT), is headquartered in Australia and operates primarily across major cities such as Sydney, Melbourne, and Brisbane. Founded in 2009, the company has established itself as a significant player in the Australian property market, focusing on the acquisition, development, and management of high-quality commercial properties. Specialising in office, industrial, and retail sectors, Growthpoint Properties Australia is recognised for its commitment to sustainability and innovation, setting it apart from competitors. The company has achieved notable milestones, including a robust portfolio that reflects its strategic growth and market resilience. With a strong emphasis on tenant satisfaction and long-term value creation, Growthpoint continues to solidify its position as a trusted name in the Australian real estate landscape.
How does Growthpoint Properties Australia'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 Australia's score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Growthpoint Properties Australia reported total carbon emissions of approximately 12,192,300 kg CO2e from Scope 1, 2, and 3 sources. The breakdown includes 1,219,230 kg CO2e from Scope 1, 2,195,980 kg CO2e from market-based Scope 2 emissions, and significant Scope 3 emissions, notably 51,596,660 kg CO2e from downstream leased assets. In 2023, the company recorded 6,980,000 kg CO2e in market-based Scope 2 emissions and 24,050,000 kg CO2e in Scope 3 emissions, indicating a substantial carbon footprint primarily from downstream activities. The 2022 data shows a total of 68,242,000 kg CO2e, with 11,130,000 kg CO2e from Scope 1 and 8,473,000 kg CO2e from market-based Scope 2 emissions. Despite the significant emissions figures, Growthpoint Properties Australia has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from its parent company, Growthpoint Properties Limited, reflecting a corporate family relationship that influences its sustainability reporting. Overall, while Growthpoint Properties Australia has made strides in transparency regarding its emissions, the lack of defined reduction commitments highlights an area for potential improvement in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 1,077,000 | 0,000,000 | 0,000,000 | - | 0,000,000 |
Scope 2 | 12,651,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 41,492,000 | 00,000,000 | 00,000,000 | 0,000,000 | 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.
Growthpoint Properties Australia 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.