PFI (Property For Industry)
Property For Industry (PFI) is a leading real estate services provider based in New Zealand, specialising in the industrial property sector. Founded in 1999, PFI has established a strong presence across major operational regions, focusing on the acquisition, development, and management of industrial properties.
With a portfolio that includes warehouses, distribution centres, and manufacturing facilities, PFI is recognised for its commitment to delivering high-quality, strategically located assets. The company’s unique approach combines in-depth market knowledge with a customer-centric service model, ensuring optimal returns for investors and tenants alike.
As a prominent player in the New Zealand real estate market, PFI has achieved significant milestones, including consistent growth in its asset base and a reputation for reliability and excellence in property management.
-11 vs industry average
PFI (Property For Industry)’s score of 17 is lower than 34% 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
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
PFI (Property For Industry)'s reported carbon emissions
Property For Industry (PFI), a New Zealand-based real estate services company, reported its greenhouse gas emissions for fiscal year 2023, with a total of approximately 18.1 million kg CO2e. This figure comprises approximately 18.1 million kg CO2e in Scope 1 emissions and about 4,400 kg CO2e in Scope 2 emissions, alongside approximately 18.0 million kg CO2e from Scope 3 emissions. For fiscal year 2022, PFI's total emissions were approximately 2.5 million kg CO2e, including about 2.5 million kg CO2e of Scope 1 emissions and roughly 19,600 kg CO2e of Scope 2 emissions, with Scope 3 emissions totalling approximately 2.4 million kg CO2e. In fiscal year 2021, PFI's total emissions stood at approximately 2.9 million kg CO2e, with Scope 1 emissions at about 2.9 million kg CO2e, Scope 2 emissions at approximately 14,200 kg CO2e, and Scope 3 emissions around 2.8 million kg CO2e. For fiscal year 2020, total emissions were approximately 2.8 million kg CO2e, comprising roughly 2.8 million kg CO2e of Scope 1 emissions, about 5,400 kg CO2e of Scope 2 emissions, and approximately 2.7 million kg CO2e of Scope 3 emissions. In fiscal year 2019, PFI reported total emissions of approximately 130,500 kg CO2e, with Scope 1 emissions at around 130,500 kg CO2e and Scope 2 emissions totalling about 15,500 kg CO2e. Scope 3 emissions for 2019 were approximately 20,500 kg CO2e. PFI has demonstrated climate action through reduction initiatives. Notably, the company reported a 35% reduction in Scope 1 fugitive emissions by 2022 against a 2019 base year, which equates to approximately 33,000 kg CO2e. A similar 35% reduction target, also against a 2019 base year, was set for Scope 2 emissions, aiming for completion by 2022. These reductions were achieved through system upgrades. Future emissions data for 2025 indicates potential emissions of approximately 53,700 kg CO2e from fugitive emissions from HVAC systems, about 13,400 kg CO2e from diesel emissions from sprinkler systems, and roughly 9,100 kg CO2e from electricity consumption. Employee commuting was estimated to contribute around 29,300 kg CO2e. No absolute total emissions figure was provided for 2025 in the given data.
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PFI (Property For Industry)’s Climate Goals (2030 & 2050)
2 goals2022
35% reduction in Scope 1
By upgrading these systems we have reduced our scope 1 fugitive emissions by 35% (or 33tCO2e) against a 2019 base.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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