Liberty Two Degrees (L2D), headquartered in South Africa (ZA), is a prominent player in the real estate investment sector, focusing on retail and commercial properties. Established in 2016, the company has quickly made a name for itself by managing a diverse portfolio of high-quality assets in key urban locations across South Africa. L2D is renowned for its innovative approach to property management and development, emphasising sustainability and community engagement. The company’s flagship assets include iconic shopping centres and mixed-use developments, which are designed to enhance customer experiences while driving long-term value. With a commitment to excellence, Liberty Two Degrees has achieved significant milestones, positioning itself as a leader in the South African property market. Its strategic focus on premium locations and tenant relationships sets it apart in a competitive landscape.
How does Liberty Two Degrees Degrees'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.
Liberty Two Degrees Degrees's score of 40 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Liberty Two Degrees reported total carbon emissions of approximately 7,533,000 kg CO2e, comprising 7,974,000 kg CO2e from Scope 1, 51,325,000 kg CO2e from Scope 2, and 87,166,000 kg CO2e from Scope 3 emissions. This reflects a significant increase in emissions compared to previous years, with Scope 1 emissions rising from about 2,092,000 kg CO2e in 2021 and Scope 2 emissions from approximately 41,100,000 kg CO2e in the same year. Liberty Two Degrees has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. Additionally, the company is committed to achieving net-zero emissions across all scopes by 2050, with a target to reduce total emissions (Scope 1, 2, and 3) by 100% from the same base year. These targets have been validated by the Science Based Targets initiative (SBTi), aligning with the goal of limiting global warming to 1.5°C. The company’s emissions reduction strategy includes measuring and addressing Scope 3 emissions, which primarily stem from waste generated in operations, amounting to approximately 87,166,000 kg CO2e in 2023. Liberty Two Degrees is committed to transparency and accountability in its climate actions, reflecting a proactive approach to sustainability in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 1,821,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 51,054,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 158,304,000 | 000,000,000 | 00,000,000 | 000,000,000 | 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.
Liberty Two Degrees Degrees is committed to some 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.