KIP Real Estate Investment Trust, commonly referred to as KIP REIT, is a prominent player in the Malaysian real estate sector, headquartered in Malaysia (MY). Established in 2017, KIP REIT focuses on the retail and commercial property markets, primarily operating in key regions across Malaysia. The trust is dedicated to providing high-quality retail spaces and commercial properties, distinguished by its strategic locations and commitment to sustainable development. KIP REIT has achieved significant milestones, including a successful listing on the stock exchange, which has solidified its position in the competitive real estate investment landscape. With a diverse portfolio that caters to both tenants and investors, KIP REIT continues to enhance its market presence, making it a noteworthy entity in the Malaysian real estate investment trust industry.
How does KIP 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.
KIP Real Estate Investment Trust's score of 36 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, KIP Real Estate Investment Trust (KIP REIT) reported total carbon emissions of approximately 7,072,140 kg CO2e. This figure includes 1,070 kg CO2e from Scope 1 emissions, 7,062,000 kg CO2e from Scope 2 emissions, and 103,870 kg CO2e from Scope 3 emissions. In comparison, the 2023 emissions were about 3,617,000 kg CO2e for Scope 2, with Scope 1 and Scope 3 emissions at 950 kg CO2e and 112,760 kg CO2e, respectively. KIP REIT is committed to achieving net zero carbon emissions by 2030, having established a comprehensive roadmap that outlines specific actions and milestones to facilitate this transition. This commitment reflects a proactive approach to climate change, aiming to reduce emissions across all scopes. The emissions data is not cascaded from any parent organization, indicating that KIP REIT independently tracks and reports its carbon footprint. The company’s sustainability efforts are documented in their 2024 Sustainability Report, which provides further insights into their emissions and climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | - | 000 | 0,000 |
Scope 2 | 3,508,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | 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.
KIP 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.