OUE Limited, a prominent player in the real estate and hospitality sectors, is headquartered in Singapore (SG) and operates across key markets in Asia. Founded in 1964, the company has established itself as a leader in property development, investment, and management, with a diverse portfolio that includes commercial, residential, and hospitality assets. OUE Limited is renowned for its flagship projects, such as the iconic OUE Bayfront and the luxurious OUE Downtown, which exemplify innovative design and sustainable practices. The company’s commitment to excellence has earned it a strong market position, recognised for its strategic developments and high-quality services. With a focus on enhancing urban living, OUE Limited continues to shape the landscape of Singapore and beyond, making significant contributions to the real estate industry.
How does OUE 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.
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.
OUE Limited's score of 25 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, OUE Limited reported total carbon emissions of approximately 33,265,000 kg CO2e, comprising 1,798,000 kg CO2e from Scope 1 and 31,485,000 kg CO2e from Scope 2 emissions. This marks a notable increase in emissions compared to previous years, particularly from Scope 1, which saw an increase from 1,451,200 kg CO2e in 2022. The company has consistently disclosed its emissions data for Scope 1 and Scope 2 over the years, with a total of 1,618,100 kg CO2e from Scope 1 and 25,647,000 kg CO2e from Scope 2 in 2020. However, OUE Limited has not set specific reduction targets or initiatives as part of its climate commitments, nor has it engaged with the Science Based Targets initiative (SBTi) for formal reduction targets. OUE Limited's emissions intensity metrics indicate a focus on improving energy efficiency, with reported Scope 2 GHG emission intensities per square metre showing variations over the years. The company continues to monitor its carbon footprint as part of its operational strategy, although specific reduction initiatives have not been outlined. Overall, while OUE Limited has made strides in transparency regarding its emissions, the absence of defined reduction targets highlights an area for potential growth in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
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 | 30,133,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | 00,000 | 000,000 | - | - |
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 Limited 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.