Hektar Real Estate Investment Trust (Hektar REIT), headquartered in Malaysia, is a prominent player in the real estate investment sector. Established in 2010, the trust focuses on the acquisition and management of retail and commercial properties, primarily in key urban areas across Malaysia. Hektar REIT's portfolio includes a diverse range of shopping malls and retail spaces, distinguished by their strategic locations and strong tenant mix. The trust has achieved significant milestones, including consistent dividend payouts and a robust market presence, making it a preferred choice for investors seeking stable returns in the Malaysian real estate market. With a commitment to sustainable growth and community engagement, Hektar REIT continues to enhance its position as a leading real estate investment trust in the region, reflecting its dedication to quality and innovation in property management.
How does Hektar Real Estate Investment Trust'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.
Hektar Real Estate Investment Trust's score of 16 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hektar Real Estate Investment Trust reported total carbon emissions of approximately 21,861,000 kg CO2e from Scope 2, 2,000 kg CO2e from Scope 1, and 8,270,000 kg CO2e from Scope 3, which includes business travel, employee commute, and downstream leased assets. This represents a significant reduction in Scope 1 emissions from 5,000 kg CO2e in 2022 and a decrease in Scope 2 emissions from 29,538,000 kg CO2e in the previous year. The company's emissions profile indicates a focus on reducing its carbon footprint, particularly in Scope 1 and Scope 2 emissions, which are directly associated with its operations. However, Hektar has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to the Science Based Targets initiative (SBTi). Overall, Hektar's commitment to sustainability is reflected in its ongoing efforts to monitor and report emissions, although further initiatives and targets would enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 25,374,000 | 0,000 | 0,000 | 0,000 | 0,000 |
Scope 2 | 345,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 460,000 | 000,000 | 00,000,000 | 000,000 | 0,000,000 |
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.
Hektar Real Estate Investment Trust 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.