Public Profile

Precinct Properties New Zealand

Precinct Properties New Zealand, often referred to simply as Precinct, is a leading property investment and development company headquartered in Auckland, New Zealand. Established in 2009, the company has made significant strides in the commercial real estate sector, focusing primarily on high-quality office spaces in key urban locations across New Zealand. With a portfolio that includes iconic developments such as the PwC Tower and the ANZ Centre, Precinct is renowned for its commitment to sustainability and innovative design. The company’s unique approach to creating vibrant, mixed-use environments sets it apart in the competitive property market. Recognised for its strong market position, Precinct continues to achieve notable milestones, reinforcing its reputation as a trusted leader in the New Zealand property industry.

DitchCarbon Score

How does Precinct Properties New Zealand'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.

26

Industry Average

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.

3

Industry Benchmark

Precinct Properties New Zealand's score of 26 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Precinct Properties New Zealand's reported carbon emissions

In 2023, Precinct Properties New Zealand reported a total carbon emissions intensity of approximately 5,900 kg CO2e per square metre for Scope 1 emissions and about 3,000 kg CO2e per square metre for Scope 2 emissions. The company has not disclosed specific total emissions figures for these years, nor has it provided data for Scope 3 emissions. In 2022, Precinct Properties recorded total emissions of approximately 4,197,000 kg CO2e, with Scope 1 emissions at about 6.1 kg CO2e, Scope 2 emissions at around 7.0 kg CO2e, and Scope 3 emissions at approximately 1.2 kg CO2e. This data indicates a commitment to transparency in their emissions reporting. Despite the absence of specific reduction targets or initiatives, Precinct Properties is actively engaged in monitoring and reporting its carbon emissions. The company has not set formal reduction targets under the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a potential area for future commitment. Overall, Precinct Properties New Zealand is focused on understanding its carbon footprint, particularly in its office portfolio, while continuing to explore avenues for improvement in its climate strategy.

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2022
Scope 1
6.1
Scope 2
7
Scope 3
1.2

Industry emissions intensity

Very low
Low
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Very high
Some industries are more carbon intensive than others. Precinct Properties New Zealand's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Precinct Properties New Zealand is in NZ, which has a very low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Precinct Properties New Zealand is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers