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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.
Property For Industry (PFI), a real estate services company based in NZ, has reported its carbon emissions for several years. In 2023, PFI's total emissions were approximately 18.1 million kg CO2e. This comprised about 18.1 million kg CO2e for Scope 1, approximately 4,400 kg CO2e for Scope 2 (location-based), and around 18 million kg CO2e for Scope 3.
For the 2022 reporting year, PFI's total emissions were approximately 2.5 million kg CO2e. This included about 2.5 million kg CO2e for Scope 1, approximately 19,600 kg CO2e for Scope 2 (location-based), and roughly 2.4 million kg CO2e for Scope 3.
In 2021, PFI reported total emissions of approximately 2.8 million kg CO2e, with Scope 1 accounting for around 2.8 million kg CO2e, Scope 2 (location-based) at approximately 14,200 kg CO2e, and Scope 3 at roughly 2.7 million kg CO2e.
PFI's emissions for 2020 totalled approximately 2.8 million kg CO2e, including about 2.8 million kg CO2e for Scope 1, approximately 5,400 kg CO2e for Scope 2 (location-based), and around 2.7 million kg CO2e for Scope 3.
In 2019, PFI's total emissions were approximately 130,500 kg CO2e, with Scope 1 at about 130,500 kg CO2e and Scope 2 (location-based) at approximately 15,500 kg CO2e. Scope 3 emissions for this year were around 20,500 kg CO2e, with some data points missing in this scope.
PFI has achieved a reduction in its fugitive emissions. Between 2019 and 2022, PFI reduced its Scope 1 fugitive emissions by 35%, which equates to approximately 33,000 kg CO2e against a 2019 baseline. Similar reductions were noted for Scope 2 emissions over the same period.
While the data for 2025 shows some emission-generating activities such as fugitive emissions from HVAC systems, diesel emissions from sprinkler systems, and electricity consumption, specific total emissions figures for this year are not yet available.
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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