Growthpoint Properties Australia
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Growthpoint Properties Australia's score of 34 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Growthpoint Properties Australia's reported carbon emissions
In 2023, Growthpoint Properties Australia reported total carbon emissions of approximately 15,000,000 kg CO2e. This figure includes Scope 1 emissions of about 1,500,000 kg CO2e and Scope 2 emissions of approximately 6,980,000 kg CO2e (market-based). Additionally, their Scope 3 emissions were significant, with downstream leased assets contributing about 53,217,000 kg CO2e, alongside other categories such as business travel and waste generated in operations. For 2024, the company’s emissions decreased to around 12,192,230 kg CO2e for Scope 1 and approximately 2,195,980 kg CO2e for Scope 2 (market-based). The Scope 3 emissions also saw a reduction, with downstream leased assets accounting for about 51,596,660 kg CO2e. Despite these figures, Growthpoint Properties Australia has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or SBTi (Science Based Targets initiative) commitments suggests that while the company is tracking emissions, it may not yet have formalised its climate action strategy.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 1,500,000 | 0,000,000 |
| Scope 2 | 6,980,000 | 0,000,000 |
| Scope 3 | 56,135,100 | 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.
Growthpoint Properties Australia 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.
