IGB Real Estate Investment Trust, commonly referred to as IGB REIT, is a prominent player in the Malaysian real estate sector, headquartered in Malaysia. Established in 2013, the trust has rapidly developed a diverse portfolio, primarily focusing on retail and commercial properties across key urban regions in Malaysia. With flagship assets such as the Mid Valley Megamall and The Gardens Mall, IGB REIT distinguishes itself through its strategic location and exceptional tenant mix, catering to a wide demographic. The trust's commitment to sustainable growth and operational excellence has solidified its position in the market, earning recognition for its robust financial performance and innovative property management strategies. As a leading real estate investment trust, IGB REIT continues to shape the landscape of Malaysia's retail and commercial property sectors.
How does IGB 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 Real Estate Investment Trust's score of 48 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IGB Real Estate Investment Trust reported total carbon emissions of approximately 52,422,000 kg CO2e, comprising 8,000 kg CO2e from Scope 1, 38,927,000 kg CO2e from Scope 2, and 52,422,000 kg CO2e from Scope 3 emissions. This marked an increase in Scope 1 emissions compared to 2022, where they were 3,000 kg CO2e, while Scope 2 emissions slightly rose from 37,190,000 kg CO2e. In 2024, the Trust's emissions showed a significant reduction in Scope 3, dropping to 35,000 kg CO2e, while Scope 1 and Scope 2 emissions were 7,000 kg CO2e and 37,207,000 kg CO2e, respectively. Despite these fluctuations, IGB Real Estate Investment Trust has not established specific reduction targets or climate pledges, indicating a potential area for future commitment in line with industry standards for climate action. The Trust's emissions data reflects its ongoing efforts to monitor and manage its carbon footprint, although further initiatives may be necessary to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 3,000 | 0,000 | 0,000 | 0,000 | 0,000 |
Scope 2 | 37,190,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 |
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 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.