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Paragon REIT, officially known as Paragon Real Estate Investment Trust, is a prominent player in the real estate services industry, headquartered in Singapore (SG). Established in 2013, the REIT has rapidly developed a diverse portfolio, primarily focusing on retail and commercial properties across key operational regions in Singapore.
With a commitment to delivering sustainable returns, Paragon REIT offers unique investment opportunities through its strategically located assets. The trust is recognised for its strong market position, underpinned by a robust management team and a disciplined investment strategy. Notable achievements include consistent distribution per unit growth, reflecting its effective asset management and operational excellence. Paragon REIT continues to set benchmarks in the real estate sector, making it a compelling choice for investors seeking stability and growth.
13
DitchCarbon score
-16 vs industry average
Paragon Reit’s score of 13 is lower than 28% 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
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
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.
Paragon Reit's reported carbon emissions
Paragon REIT, a Singapore-based real estate services company, reported Scope 2 emissions of approximately 13,185,000 kg CO2e and Scope 3 emissions of about 710,890 kg CO2e for 2023. In 2022, the company's Scope 2 emissions were approximately 14,536,000 kg CO2e. For 2020, Paragon REIT reported Scope 1 emissions of 0 kg CO2e and Scope 2 emissions of approximately 19,132,000 kg CO2e.
Paragon REIT is committed to reducing its environmental impact, with a near-term Scope 2 intensity reduction target. Using 2015 as a baseline, the company aims for a 30% reduction in like-for-like greenhouse gas emissions intensity and an 18% reduction in like-for-like electricity intensity by 2025.
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Paragon Reit’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Paragon Reit9 days ago
13
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