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.
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.
Industry Benchmark
Precinct Properties New Zealand's score of 39 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Precinct Properties New Zealand's reported carbon emissions
In 2024, Precinct Properties New Zealand reported total carbon emissions of approximately 3,785,000 kg CO2e, comprising Scope 1 emissions of about 2,393,000 kg CO2e and Scope 2 emissions of approximately 1,400 kg CO2e. The Scope 3 emissions were significant, with major contributions from purchased goods and services (about 4,166,000 kg CO2e) and downstream leased assets (approximately 1,802,000 kg CO2e). For 2023, the total emissions were around 2,927,000 kg CO2e, with Scope 1 emissions at about 1,517,000 kg CO2e and Scope 2 emissions at approximately 1,376,000 kg CO2e. The Scope 3 emissions included business travel (about 229,000 kg CO2e) and waste generated in operations (approximately 728,000 kg CO2e). Despite these figures, Precinct Properties has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in the Science Based Targets initiative (SBTi). Their emissions data is not cascaded from any parent organization, indicating that the reported figures are solely from Precinct Properties NZ Ltd and Precinct Properties Investments Ltd. Overall, Precinct Properties New Zealand is actively monitoring its carbon footprint but currently lacks defined reduction strategies or commitments to industry-standard climate initiatives.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 1,550,000 | 0,000,000 |
| Scope 2 | - | 00,000 |
| Scope 3 | 3,785,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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 participating in some 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.
