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 34 is higher than 59% 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, alongside 2,000 kg CO2e from Scope 1. Additionally, Scope 3 emissions included about 270,000 kg CO2e from business travel, 497,000 kg CO2e from employee commuting, and 8,047,000 kg CO2e from downstream leased assets. Comparatively, in 2022, the Trust's emissions were approximately 29,538,000 kg CO2e for Scope 2 and 5,000 kg CO2e for Scope 1, with Scope 3 emissions from business travel at about 246,000 kg CO2e. The data indicates a significant reduction in Scope 2 emissions from 2022 to 2023. Hektar has set ambitious targets to reduce its Scope 2 greenhouse gas emissions by 20% by 2025 and 30% by 2030, using a baseline of 6,976 tonnes CO2e from 2019. This commitment reflects the Trust's dedication to sustainability and aligns with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that Hektar Real Estate Investment Trust independently reports its carbon footprint and climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,000 | 0,000 | 0,000 |
Scope 2 | 25,043,000 | 00,000,000 | 00,000,000 |
Scope 3 | 185,000 | 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 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.