Lendlease Global Commercial REIT
Lendlease Global Commercial REIT, headquartered in Singapore (SG), is a prominent player in the real estate investment trust (REIT) sector, focusing on high-quality commercial properties across Asia-Pacific. Founded in 2019, the REIT has quickly established itself as a leader in the industry, leveraging its strong operational expertise and strategic partnerships. The REIT primarily invests in income-generating commercial assets, including office and retail properties, distinguished by their sustainable design and innovative management practices. Lendlease Global Commercial REIT's commitment to sustainability and community engagement sets it apart in a competitive market. With a robust portfolio and a focus on long-term value creation, Lendlease Global Commercial REIT has achieved significant milestones, positioning itself as a trusted name in global commercial real estate. Its strategic approach and dedication to excellence continue to drive its success in the dynamic real estate landscape.
DitchCarbon Score
How does Lendlease Global Commercial 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.
Industry Average
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.
Industry Benchmark
Lendlease Global Commercial REIT's score of 13 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lendlease Global Commercial REIT's reported carbon emissions
In 2023, Lendlease Global Commercial REIT reported total carbon emissions of approximately 22,586,000 kg CO2e, comprising 0 kg CO2e from Scope 1 and about 9,705,000 kg CO2e from Scope 2, alongside approximately 13,581,000 kg CO2e from Scope 3 emissions. This marks a significant increase in Scope 2 emissions from 8,581,000 kg CO2e in 2022 and 8,104,000 kg CO2e in 2021, while Scope 3 emissions also rose from 4,142,000 kg CO2e in 2022 and 4,000,000 kg CO2e in 2021. Lendlease has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions across all scopes, indicating a commitment to transparency in their environmental impact. The GHG emissions intensity of their properties has varied, with values of 192,000 kg CO2e/m² in 2022 and 215,000 kg CO2e/m² in 2021, reflecting their ongoing efforts to manage emissions effectively. Overall, Lendlease Global Commercial REIT's emissions data highlights the challenges they face in reducing their carbon footprint, particularly in Scope 2 and Scope 3 emissions, while their lack of defined reduction targets suggests an area for potential improvement in their climate strategy.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 7,664,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Lendlease Global Commercial 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.
