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OrganisationsPrecinct Properties New Zealand
Precinct Properties New Zealand logo

Precinct Properties New Zealand

Real Estate ServicesNew ZealandNZE: PCT
Last verified 5 months agoprecinct.co.nz

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.

44
DitchCarbon score

+16 vs industry average

Precinct Properties New Zealand’s score of 44 is higher than 67% 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

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2028

00.0M00.0M00.0M00.0M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Precinct Properties New Zealand's reported carbon emissions

In 2025, Precinct Properties New Zealand reported total carbon emissions of approximately 51.1 million kg CO2e. This figure includes Scope 1 emissions of about 1.7 million kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 2.1 million kg CO2e, based on location-based calculations. The majority of their emissions, around 49.1 million kg CO2e, fall under Scope 3, which encompasses various categories such as capital goods and the use of sold products. The company has committed to achieving net-zero emissions, demonstrating a proactive approach to climate action. Their near-term targets are classified as "Committed," indicating a serious commitment to reducing their carbon footprint. Precinct Properties New Zealand's climate initiatives are aligned with industry standards, reflecting their dedication to sustainability within the real estate sector. This emissions data is sourced from Precinct Properties NZ Ltd & Precinct Properties Investments Ltd, with no cascaded data from parent organizations. The company continues to focus on enhancing its sustainability practices and reducing its overall environmental impact.

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Precinct Properties New Zealand’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Precinct Properties New Zealand yet.

Scope 3 top emissions categories

10 of 15 categories disclosed
Capital Goods59%
Use of Sold Products29%
Downstream Leased Assets15%
Purchased Goods & Services9%
Waste Generated in Operations5%
Fuel & Energy Activities3%
End-of-Life Treatment2%
Upstream Leased Assets1%
Capital Goods59%
Use of Sold Products29%
Downstream Leased Assets15%
Purchased Goods & Services9%
Waste Generated in Operations5%
Fuel & Energy Activities3%
End-of-Life Treatment2%
Upstream Leased Assets1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Precinct Properties New Zealand logoPrecinct Properties New Zealand
NZReal Estate Services
5 months ago
44
Lendlease Group logoLendlease Group
AUReal Estate Services
8 days ago
50
View
Stockland logoStockland
AUReal Estate Services
1 day ago
47
View
Blackstone logoBlackstone
USServices Auxiliary to Financial Intermediation
51 minutes ago
43
View
CapitaLand Investment Limited logoCapitaLand Investment Limited
SGReal Estate Services
23 hours ago
41
View
Scentre logoScentre
AUPipeline Transportation
1 hour ago
37
View
Ivanhoe Cambridge logoIvanhoe Cambridge
CAReal Estate Services
19 hours ago
37
View

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