Oue C Reit
OUE C REIT, officially known as OUE Commercial Real Estate Investment Trust, is a prominent player in the real estate investment trust (REIT) sector, headquartered in Singapore (SG). Established in 2014, the REIT focuses on the commercial property market, primarily managing a diverse portfolio that includes office spaces and retail properties across key regions in Asia. With a commitment to delivering sustainable returns, OUE C REIT stands out for its strategic acquisitions and management of high-quality assets, including the iconic OUE Bayfront and the landmark One Raffles Place. The REIT has achieved significant milestones, positioning itself as a leader in the industry, recognised for its robust financial performance and innovative asset management strategies. Through its unique offerings, OUE C REIT continues to enhance its market presence and deliver value to its unitholders.
DitchCarbon Score
How does Oue C 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.
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
Oue C Reit's score of 5 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Oue C Reit's reported carbon emissions
In 2023, Oue C Reit reported total carbon emissions of approximately 31,626,000 kg CO2e, comprising about 1,562,200 kg CO2e from Scope 1 and about 29,704,800 kg CO2e from Scope 2 emissions. This marks an increase in emissions compared to previous years, with 2022 emissions recorded at approximately 27,572,000 kg CO2e, which included about 1,164,200 kg CO2e from Scope 1 and about 26,572,000 kg CO2e from Scope 2. Over the years, Oue C Reit has shown fluctuations in its emissions, with the highest recorded emissions in 2023. For instance, in 2021, the total emissions were approximately 24,763,000 kg CO2e, with Scope 1 emissions at about 1,015,000 kg CO2e and Scope 2 emissions at about 23,612,800 kg CO2e. Despite these figures, Oue C Reit has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of documented reduction strategies or climate pledges indicates a need for further commitment to sustainability practices within the organisation. Overall, while Oue C Reit continues to monitor its emissions, the lack of clear reduction goals suggests an opportunity for enhanced climate action in alignment with industry standards.
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Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 588,500 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 29,231,500 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
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.
Oue C Reit is not committed to any reduction initiatives 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.
