Lxi Reit, officially known as Lxi REIT plc, is a prominent real estate investment trust headquartered in Great Britain. Established in 2017, the company has rapidly positioned itself within the UK property market, focusing on long-term, inflation-linked income through a diversified portfolio of high-quality assets. Lxi Reit primarily operates in the commercial real estate sector, specialising in sectors such as leisure, healthcare, and logistics. Its unique approach to investment prioritises properties with strong tenant covenants and long lease terms, ensuring stability and growth. With a commitment to delivering sustainable returns, Lxi Reit has achieved significant milestones, including a robust market presence and a reputation for reliability among investors. The company continues to expand its footprint across the UK, reinforcing its status as a leader in the real estate investment trust industry.
How does Lxi 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.
Lxi Reit's score of 21 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Lxi Reit reported total carbon emissions of approximately 47,270,000 kg CO2e, with Scope 1 emissions at 0 kg CO2e, Scope 2 emissions from purchased electricity at about 80,359 kg CO2e, and significant Scope 3 emissions totalling approximately 47,189,641 kg CO2e. The data for 2023 is not yet available, but emissions data is cascaded from its parent company, LondonMetric Property Plc, indicating a commitment to transparency in reporting. Lxi Reit has not set specific reduction targets or initiatives as of the latest data, and there are no documented climate pledges. The absence of Scope 1 and 2 emissions data in previous years suggests a focus on Scope 3 emissions, which are often the most substantial for real estate investment trusts. The company operates under the corporate family relationship with LXI REIT plc, which influences its emissions reporting and climate strategy. Overall, Lxi Reit's emissions profile highlights the importance of addressing Scope 3 emissions in the real estate sector, while the lack of specific reduction targets indicates an area for potential improvement in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
---|---|
Scope 1 | - |
Scope 2 | 80,359 |
Scope 3 | 47,189,641 |
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.
Lxi 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.