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 91% 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 75,330,000 kg CO2e, comprising 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 addressing climate change, as the company aims to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. Furthermore, Liberty Two Degrees has set an ambitious target to achieve net-zero emissions across all scopes by 2050, committing to a complete reduction of 100% of its emissions from 2018 levels. The company has consistently reported emissions across all three scopes, with notable figures from previous years: in 2022, emissions were about 102,881,000 kg CO2e for Scope 3, while Scope 1 and 2 emissions totalled approximately 4,770,000 kg CO2e and 54,343,000 kg CO2e, respectively. In 2021, Scope 3 emissions were around 96,456,000 kg CO2e, with Scope 1 and 2 emissions at approximately 2,092,000 kg CO2e and 41,100,000 kg CO2e. Liberty Two Degrees' climate commitments align with the Science Based Targets initiative (SBTi), ensuring that their reduction targets are consistent with the global goal of limiting temperature rise to 1.5°C. The company is actively measuring and working to reduce its Scope 3 emissions, which are often the most challenging to address. Through these initiatives, Liberty Two Degrees demonstrates a proactive approach to sustainability and climate responsibility in the real estate sector.
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 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.