Keppel Pacific Oak US REIT, headquartered in Singapore, is a prominent player in the real estate investment trust (REIT) sector, focusing on high-quality income-generating properties in the United States. Founded in 2017, the REIT has rapidly established itself in the market, primarily investing in office and commercial properties across key metropolitan areas, including major cities like New York, San Francisco, and Washington D.C. The REIT's unique approach combines a robust portfolio of strategically located assets with a commitment to sustainable practices, setting it apart in the competitive landscape. Notable achievements include a strong market position, underpinned by a diversified tenant base and a focus on long-term value creation. Keppel Pacific Oak US REIT continues to leverage its expertise to deliver consistent returns to its investors while navigating the evolving dynamics of the real estate market.
How does Keppel Pacific Oak US 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.
Keppel Pacific Oak US REIT's score of 22 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Keppel Pacific Oak US REIT reported total carbon emissions of approximately 40,311,000 kg CO2e. This figure includes 609,000 kg CO2e from Scope 1 emissions, 3,114,000 kg CO2e from Scope 2 emissions, and a significant 36,588,000 kg CO2e from Scope 3 emissions, which encompasses various indirect emissions sources. Over the years, the REIT has shown fluctuations in its emissions. In 2022, total emissions were about 41,923,000 kg CO2e, with Scope 1 at 594,000 kg CO2e, Scope 2 at 3,333,000 kg CO2e, and Scope 3 at 37,996,000 kg CO2e. The 2021 figures were notably higher, with total emissions reaching approximately 27,376,000 kg CO2e, indicating a trend of increasing emissions over the years. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from Keppel Pacific Oak US REIT. The absence of specific initiatives or commitments highlights a potential area for improvement in their sustainability strategy. The REIT operates within a sector that increasingly prioritises carbon reduction, making it essential for them to establish clear climate commitments to align with industry standards and stakeholder expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 790,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 3,649,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 23,482,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Keppel Pacific Oak US REIT 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.