Londonmetric Property
LondonMetric Property Plc, headquartered in Great Britain, is a prominent player in the UK real estate investment and development sector. Founded in 2013, the company has rapidly established itself as a leader in logistics and retail property, focusing on high-quality assets in key urban locations across the UK and Europe. With a diverse portfolio that includes distribution centres, retail parks, and urban logistics facilities, LondonMetric is known for its strategic approach to property investment. The company’s commitment to sustainability and innovation sets it apart in the competitive landscape, ensuring long-term value for its stakeholders. Recognised for its robust market position, LondonMetric has achieved significant milestones, including a successful merger that enhanced its operational capabilities. As a trusted name in property investment, LondonMetric continues to shape the future of the real estate industry with its forward-thinking strategies and commitment to excellence.
DitchCarbon Score
How does Londonmetric Property'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
Londonmetric Property's score of 22 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Londonmetric Property's reported carbon emissions
In 2023, Londonmetric Property reported total carbon emissions of approximately 199,000 kg CO2e, comprising 20,000 kg CO2e from Scope 1, 8,000 kg CO2e from Scope 2 (purchased electricity), and 24,000 kg CO2e from Scope 3 emissions, which include business travel and fuel and energy-related activities. The total emissions from Scope 1 and 2 combined were about 30,000 kg CO2e on a market-based approach. Comparatively, in 2022, the company recorded total emissions of approximately 136,000 kg CO2e, with 15,000 kg CO2e from Scope 1, 12,000 kg CO2e from Scope 2, and 22,000 kg CO2e from Scope 3. This indicates a significant increase in emissions in 2023, primarily driven by operational activities. Despite the increase in emissions, Londonmetric Property has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded any emissions data from a parent organization, and their climate strategy lacks formal pledges or targets, as indicated by the absence of SBTi (Science Based Targets initiative) commitments. Overall, while Londonmetric Property has made strides in reporting its emissions, the lack of reduction targets highlights an area for potential improvement in their climate strategy.
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| 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 979,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 1,796,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | 00,000 | 000,000 | 00,000 | 00,000 | 0,000 |
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.
Londonmetric Property 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.
