Mapletree Industrial Trust (MIT) is a leading real estate investment trust headquartered in Singapore (SG), specialising in the industrial sector. Established in 2010, MIT has rapidly expanded its portfolio, focusing on high-quality properties across key operational regions, including Singapore and select markets in North America. The trust primarily invests in data centres, logistics facilities, and business parks, offering unique solutions tailored to the evolving needs of modern industries. With a commitment to sustainability and innovation, MIT has achieved notable milestones, including recognition for its environmentally friendly practices. As a prominent player in the industrial real estate market, Mapletree Industrial Trust has consistently demonstrated strong performance, positioning itself as a trusted choice for investors seeking exposure to the dynamic industrial landscape.
How does Mapletree Industrial Trust'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.
Mapletree Industrial Trust's score of 26 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In the fiscal year 2020/21, Mapletree Industrial Trust (MIT) reported total building greenhouse gas (GHG) emissions of approximately 20,776 tonnes CO2e, reflecting a significant reduction of about 13.0% from 23,883 tonnes CO2e in the previous fiscal year 2019/20. This achievement highlights MIT's commitment to lowering its carbon footprint, particularly in Scope 2 emissions associated with energy consumption. Additionally, the average building GHG emission intensity decreased by approximately 13.8%, from 0.0138 tonnes CO2e/m² in FY19/20 to 0.0119 tonnes CO2e/m² in FY20/21. These reductions demonstrate MIT's proactive approach to enhancing energy efficiency across its properties. While no specific Scope 1 or Scope 3 emissions data has been disclosed, MIT's focus on reducing Scope 2 emissions aligns with industry standards for climate action. The trust has not set Science-Based Targets Initiative (SBTi) targets, but its ongoing initiatives reflect a commitment to sustainability and responsible environmental stewardship.
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.
Mapletree Industrial Trust 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.
