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.
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.
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.
Lendlease Global Commercial REIT's score of 25 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lendlease Global Commercial REIT reported total carbon emissions of approximately 23,810,000 kg CO2e, comprising 9,705,000 kg CO2e from Scope 2 and 13,581,000 kg CO2e from Scope 3 emissions. This marks a significant increase from 2022, when total emissions were about 8,104,000 kg CO2e, with Scope 2 emissions at 3,521,000 kg CO2e and Scope 3 emissions at 4,142,000 kg CO2e. Lendlease Global Commercial REIT has not disclosed any Scope 1 emissions data. The organisation has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The emissions data is not cascaded from a parent company, as Lendlease Global Commercial REIT operates independently in this regard. The reported emissions intensity for 2023 is approximately 157,000 kg CO2e per square metre, reflecting the organisation's operational impact on climate change. As the REIT continues to navigate its environmental responsibilities, further commitments and reduction initiatives may be anticipated in the future.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 3,521,000 | 0,000,000 |
Scope 3 | 4,142,000 | 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.
Lendlease Global Commercial REIT 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.