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Manulife US Real Estate Investment Trust (Manulife US REIT), headquartered in Singapore, is a prominent player in the financial intermediation services sector, specifically focusing on real estate investment. Established in 2016, the trust has rapidly gained recognition for its strategic investments in high-quality office properties across major markets in the United States, including New York, San Francisco, and Washington D.C.
Manulife US REIT offers a unique portfolio of income-generating properties, distinguished by their prime locations and strong tenant profiles. The trust's commitment to delivering sustainable returns has positioned it as a leader in the REIT market, achieving notable milestones such as consistent distribution growth and a robust occupancy rate. With a focus on transparency and investor engagement, Manulife US REIT continues to enhance its reputation as a trusted investment vehicle in the real estate sector.
+12 vs industry average
Manulife US REIT’s score of 49 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Manulife US REIT, a Singapore-headquartered entity in Financial Intermediation Services, reported its most recent carbon emissions for 2025 as approximately 12.5 million kg CO2e. This total comprises about 1.5 million kg CO2e from Scope 1 emissions, approximately 10.7 million kg CO2e from Scope 2 (market-based) emissions, and about 408,000 kg CO2e from Scope 3 emissions, specifically from waste generated in operations.
Looking back, Manulife US REIT's total emissions for 2024 were approximately 20.2 million kg CO2e (Scope 1: 2.0 million kg CO2e; Scope 2 market-based: 16.1 million kg CO2e). In 2023, total emissions were around 16.7 million kg CO2e (Scope 1: 1.7 million kg CO2e; Scope 2 market-based: 15.0 million kg CO2e). For 2022, combined Scope 1 and 2 emissions totalled approximately 21.9 million kg CO2e. In 2021, combined Scope 1 and 2 emissions were around 19.7 million kg CO2e, and in 2020, they reached approximately 22.0 million kg CO2e. No emissions data is available for 2019.
Manulife US REIT has set long-term climate commitments, aiming for a 38.0% reduction in Scope 1 and Scope 2 GHG emissions intensity by 2035, and an 80.0% reduction by 2050, both against a 2018 base year. These targets are modelled based on the Carbon Risk Real Estate Monitor (CRREM), aligning with the Paris Agreement's goal of limiting global temperature rise to 2.0°C, with an ambition towards 1.5°C.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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