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OrganisationsNewriver
Newriver logo

Newriver

Real Estate ServicesUnited KingdomPNK: NRWRF
Last verified 6 months agonrr.co.uk

Newriver, officially known as Newriver REIT plc, is a prominent player in the real estate services industry, headquartered in Great Britain. Founded in 2009, the company has established itself as a leader in the retail and leisure property sectors, focusing on the acquisition, management, and development of community-focused assets across the UK.

With a commitment to enhancing local environments, Newriver offers a unique blend of services that include asset management, property development, and investment strategies tailored to meet the evolving needs of communities. The firm has achieved significant milestones, including a robust portfolio of retail parks and shopping centres, positioning itself as a trusted partner in the real estate market. Newriver's dedication to sustainability and community engagement further distinguishes it within the competitive landscape of real estate services.

29
DitchCarbon score

+1 vs industry average

Newriver’s score of 29 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

000.0M00.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Newriver's reported carbon emissions

New River REIT plc, a real estate services company based in the UK, reported total emissions of approximately 24.26 million kg CO2e for the year 2024. This figure encompasses Scope 1 emissions totalling about 495,000 kg CO2e and Scope 2 emissions of approximately 3.69 million kg CO2e (location-based). The company also reported Scope 1 and 2 emissions of approximately 22.18 million kg CO2e using a market-based approach for 2024.

For the year 2023, New River REIT plc's Scope 1 emissions were approximately 431,000 kg CO2e, and its Scope 2 emissions (location-based) were approximately 3.25 million kg CO2e. The market-based Scope 1 and 2 emissions for 2023 were approximately 13.27 million kg CO2e.

The company has set a significant climate commitment: to achieve a 42% reduction in absolute emissions from its 2020 baseline by 2030. This target is approved by the Science Based Targets initiative (SBTi). As of FY25, New River REIT has achieved a 39% reduction in total Scope 1 and 2 emissions from the FY20 baseline, placing them 93% of the way towards their 2030 goal. The company also aims to measure and reduce its Scope 3 emissions. Furthermore, there is a stated ambition to achieve net-zero for all corporate-related carbon emissions (Scope 1-3) by 2025.

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Newriver’s Climate Goals (2030 & 2050)

2 goals

2030

42% reduction in all scopes

2030: we will achieve a 42% reduction in absolute emissions from our 2020 baseline

At risk42%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 2 climate goals

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Newriver logoNewriver
GBReal Estate Services
6 months ago
29
Derwent London logoDerwent London
GBFinancial Intermediation
7 hours ago
71
View
Supermarket Income Reit logoSupermarket Income Reit
GBReal Estate Services
7 hours ago
50
View
Picton Property Income logoPicton Property Income
GBReal Estate Services
4 hours ago
41
View
Great Portland Estates logoGreat Portland Estates
GBReal Estate Services
1 month ago
40
View
Hibernia Real Estate logoHibernia Real Estate
IEReal Estate Services
7 hours ago
33
View
Urban Logistics Reit logoUrban Logistics Reit
GBReal Estate Services
7 hours ago
33
View

Frequently asked questions

Common questions about Newriver’s sustainability data and climate commitments

Newriver reported total carbon emissions of approximately 24.26 million kg CO2e for the year 2024. This includes about 495,000 kg CO2e from Scope 1 emissions and approximately 3.69 million kg CO2e from Scope 2 emissions using a location-based approach. The company is actively working towards reducing its carbon footprint as part of its sustainability strategy.

Data year: 2024

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Ditchcarbonv260709.1
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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