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 38 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Industrials REIT Limited reported total carbon emissions of approximately 2,500,000 kg CO2e in Great Britain. This figure includes 399,000 kg CO2e from Scope 1 emissions, 229,000 kg CO2e from Scope 2 emissions (location-based), and a significant 1,872,000 kg CO2e from Scope 3 emissions, which encompasses areas such as business travel (70,000 kg CO2e). Comparatively, in 2022, the company emitted about 2,811,000 kg CO2e in Great Britain, with Scope 1 emissions at 47,000 kg CO2e, Scope 2 emissions at 165,000 kg CO2e, and Scope 3 emissions reaching 2,599,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. 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 baseline 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, demonstrating a comprehensive approach to its carbon footprint. The emissions data for 2023 and 2022 is specific to the UK operations of Industrials REIT Limited, while global emissions data indicates a total of approximately 36,106,000 kg CO2e for the same year, with Scope 3 emissions being the largest contributor at about 117,243,000 kg CO2e. This global data is cascaded from the parent organization, Blackstone Inc., highlighting the broader context of the company's environmental impact.
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 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Industrials Reit has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Common questions about Industrials Reit's sustainability data and climate commitments