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 47 is higher than 95% 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 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 commitment to reducing greenhouse gas emissions across all scopes. The company has set ambitious targets, aiming for a 50% reduction in Scope 1 and Scope 2 emissions by 2030, using 2018 as the baseline year. Furthermore, Liberty Two Degrees is committed to achieving net-zero emissions by 2050, with a goal to reduce total emissions (Scope 1, 2, and 3) by 100% by the same year. In previous years, emissions have varied, with Scope 1 emissions recorded at approximately 4,770,000 kg CO2e in 2022 and 2,092,000 kg CO2e in 2021. Scope 2 emissions peaked at about 41,100,000 kg CO2e in 2021, while Scope 3 emissions were approximately 102,881,000 kg CO2e in 2022. Liberty Two Degrees' climate commitments align with the Science Based Targets initiative (SBTi), ensuring that their reduction targets are consistent with the global aim to limit warming to 1.5°C. The company is actively measuring and working to reduce its Scope 3 emissions, which primarily stem from waste generated in operations. Overall, Liberty Two Degrees demonstrates a strong commitment to sustainability and climate action, positioning itself as a responsible player in the real estate sector in South Africa.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 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 participating in some 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.