Industrials REIT, a prominent player in the UK real estate investment trust sector, is headquartered in Great Britain. Founded in 2017, the company focuses on the acquisition, development, and management of industrial properties, primarily in key operational regions across the UK. Specialising in logistics and warehouse facilities, Industrials REIT distinguishes itself through its strategic locations and modern, flexible spaces designed to meet the evolving needs of businesses. The company has achieved significant milestones, including a robust portfolio that positions it favourably within the industrial real estate market. With a commitment to sustainability and innovation, Industrials REIT continues to enhance its market presence, making it a noteworthy choice for investors seeking exposure to the thriving industrial sector.
How does Industrials Reit'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.
Industrials Reit's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Industrials REIT reported total carbon emissions of approximately 36,106,000 kg CO2e, comprising 50,000 kg CO2e from Scope 1, 30,000 kg CO2e from Scope 2, and a significant 117,243,000 kg CO2e from Scope 3 emissions. For its operations in Great Britain, the total emissions were about 2,500,000 kg CO2e, with Scope 2 emissions at 229,000 kg CO2e and Scope 3 emissions at 1,872,000 kg CO2e. Industrials REIT has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. This target has been approved through the Science Based Targets initiative (SBTi) and reflects the company's commitment to align with the 1.5°C climate goal. The company also plans to measure and reduce its Scope 3 emissions, which are critical given their substantial contribution to overall emissions. The emissions data for 2022 indicates a total of approximately 2,811,000 kg CO2e in Great Britain, with Scope 2 emissions at 165,000 kg CO2e and Scope 3 emissions at 2,599,000 kg CO2e. The global emissions for the same year were reported at about 36,739,000 kg CO2e, with Scope 1 at 47,000 kg CO2e and Scope 2 at 163,000 kg CO2e. Industrials REIT's climate strategy is further supported by its relationship with its parent company, Blackstone Inc., which influences its sustainability initiatives. The company is committed to transparency and accountability in its emissions reporting and reduction efforts.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 9,000 | 00,000 | 00,000 |
Scope 2 | 49,000 | 000,000 | 00,000 |
Scope 3 | 1,641,000 | 00,000,000 | 000,000,000 |
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.
Industrials Reit is participating in some 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.