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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.
-13 vs industry average
PFI (Property For Industry)’s score of 16 is lower than 32% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
PFI (Property For Industry), a real estate services company based in New Zealand, has reported its carbon emissions and climate commitments.
In 2023, PFI's total reported emissions were approximately 18,072,900 kg CO2e. This included Scope 1 emissions of approximately 18,072,900 kg CO2e, Scope 2 emissions (location-based) of approximately 4,400 kg CO2e, and Scope 3 emissions of approximately 18,021,700 kg CO2e. Key contributors to Scope 3 emissions included capital goods (approximately 16,733,700 kg CO2e) and purchased goods and services (approximately 1,244,200 kg CO2e).
For 2022, PFI's total reported emissions were approximately 2,525,400 kg CO2e. This comprised Scope 1 emissions of approximately 2,525,400 kg CO2e, Scope 2 emissions (location-based) of approximately 19,600 kg CO2e, and Scope 3 emissions of approximately 2,439,900 kg CO2e.
In 2021, the company's total reported emissions were approximately 2,851,300 kg CO2e, with Scope 1 emissions at approximately 2,851,300 kg CO2e, Scope 2 emissions (location-based) at approximately 14,200 kg CO2e, and Scope 3 emissions at approximately 2,760,300 kg CO2e.
Looking further back, PFI's total reported emissions in 2020 were approximately 2,823,700 kg CO2e, including Scope 1 emissions of approximately 2,823,700 kg CO2e, Scope 2 emissions (location-based) of approximately 5,400 kg CO2e, and Scope 3 emissions of approximately 2,701,500 kg CO2e.
In 2019, PFI's total reported emissions were approximately 130,500 kg CO2e, with Scope 1 emissions at approximately 130,500 kg CO2e, Scope 2 emissions (location-based) at approximately 15,500 kg CO2e, and Scope 3 emissions at approximately 20,500 kg CO2e. It should be noted that in 2019, data for Scope 3 capital goods and purchased goods and services were not disclosed.
PFI has set a near-term absolute reduction target for Scope 1 emissions, aiming to reduce them by 35% (or 33 tonnes CO2e) against a 2019 base year by 2022. The company also has a similar near-term absolute reduction target for Scope 2 emissions, also aiming for a 35% reduction against a 2019 base year by 2022. These reductions were achieved through upgrades to systems.
For the year 2025, PFI has provided a breakdown of production emission factors, though total emissions for this year are not yet calculable. These include fugitive emissions from HVAC systems (53,700 kg CO2e), diesel emissions from sprinkler systems (13,400 kg CO2e), electricity consumption (location-based) (9,100 kg CO2e), and employee commuting (29,300 kg CO2e).
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
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