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 24 is lower than 54% 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 20,637,700 kg CO2e and Scope 2 emissions at 25,489,400 kg CO2e. Scope 3 emissions were significant, amounting to about 47,189,641 kg CO2e, primarily from purchased goods and services, which accounted for 21,555,120 kg CO2e. The 2021 emissions data indicates a total of approximately 7,399,740 kg CO2e, with Scope 2 emissions from purchased electricity at 8,200 kg CO2e and Scope 3 emissions reaching about 5,527,530 kg CO2e. In 2020, the total emissions were around 9,747,330 kg CO2e, with Scope 2 emissions at 7,080 kg CO2e and Scope 3 emissions at 5,257,580 kg CO2e. Lxi REIT's emissions data is cascaded from its parent company, LXI REIT plc, and includes additional insights from LondonMetric Property Plc, which provides context for their carbon footprint. However, there are currently no specific reduction targets or climate pledges disclosed by Lxi REIT, indicating a potential area for future commitment in climate action. Overall, Lxi REIT's emissions profile highlights the importance of addressing both direct and indirect emissions as part of their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 17,298,200 | - |
| Scope 2 | 22,993,800 | 00,000,000 |
| Scope 3 | - | 00,000,000 |
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 65% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the primary emissions source at 46% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lxi Reit has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.