Newpark REIT Limited
Newpark REIT Limited, a prominent player in the South African real estate investment trust sector, is headquartered in ZA. Founded in 2013, the company has established itself as a leader in the property investment industry, focusing primarily on the acquisition, development, and management of high-quality commercial and industrial properties. With a diverse portfolio that includes office spaces, retail centres, and logistics facilities, Newpark REIT is committed to delivering exceptional value through strategic asset management and innovative property solutions. The company has achieved significant milestones, positioning itself as a trusted name in the market, known for its sustainable practices and strong tenant relationships. As it continues to expand its footprint across major operational regions, Newpark REIT Limited remains dedicated to enhancing shareholder value and contributing to the growth of the South African economy.
DitchCarbon Score
How does Newpark REIT Limited'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
Newpark REIT Limited's score of 15 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Newpark REIT Limited's reported carbon emissions
Newpark REIT Limited, headquartered in South Africa (ZA), has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. Although specific carbon emissions data for the most recent year is not available, the company has demonstrated a proactive approach to reducing its carbon footprint. In a notable achievement, Newpark REIT Limited reported a 12.5% reduction in its Scope 2 emissions (related to electricity purchased) from 2018 to 2019. During this period, the intensity of their carbon emissions decreased from approximately 0.211 kg CO2e/m² to 0.209 kg CO2e/m², reflecting their commitment to sustainability and carbon reduction. The company's long-term strategy includes a focus on achieving net zero emissions by 2050, with ongoing efforts to monitor and reduce emissions intensity. Newpark REIT Limited's initiatives align with industry standards for climate action, showcasing their dedication to environmental responsibility.
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.
Newpark REIT Limited 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.
