IGB Commercial Real Estate Investment Trust, commonly referred to as IGB REIT, is a prominent player in the Malaysian real estate sector, headquartered in Malaysia (MY). Established in 2013, the trust has rapidly developed a robust portfolio, primarily focusing on retail and commercial properties across key urban regions in Malaysia. With a commitment to delivering high-quality assets, IGB REIT stands out for its strategic locations and innovative property management. The trust's flagship assets include renowned shopping malls and commercial spaces, which have garnered significant attention for their unique offerings and customer-centric designs. Recognised for its strong market position, IGB REIT has achieved notable milestones, including consistent financial performance and a reputation for excellence in property management. As a leader in the commercial real estate investment sector, IGB REIT continues to shape the landscape of Malaysian real estate.
How does IGB Commercial 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.
IGB Commercial Real Estate Investment Trust's score of 21 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IGB Commercial Real Estate Investment Trust reported total carbon emissions of approximately 31,000,000 kg CO2e. This figure includes 16,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling, accounted for about 19,840,000 kg CO2e. Additionally, Scope 3 emissions, which encompass all other indirect emissions in the value chain, totalled approximately 11,178,000 kg CO2e. Currently, IGB Commercial Real Estate Investment Trust has not established any specific reduction targets or climate pledges. The absence of such commitments indicates a potential area for improvement in their sustainability strategy. As of now, there is no data cascaded from a parent or related organization, and all emissions data is directly reported by IGB Commercial Real Estate Investment Trust. Overall, while the emissions data provides a snapshot of the Trust's carbon footprint, the lack of defined reduction initiatives highlights an opportunity for enhanced climate action and commitment to sustainability in the commercial real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
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Scope 1 | 16,000 |
Scope 2 | 19,840,000 |
Scope 3 | 11,178,000 |
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.
IGB Commercial 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.