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.
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.
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.
Precinct Properties New Zealand's score of 41 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Precinct Properties New Zealand reported total carbon emissions of approximately 6,711,000 kg CO2e for Scope 1, 3,000,000 kg CO2e for Scope 2, and 6,800,000 kg CO2e for Scope 3 emissions. This reflects their ongoing commitment to transparency in carbon reporting across all scopes of emissions. The company has set a long-term target to achieve net-zero emissions by 2050, as part of their commitment to the Science Based Targets initiative (SBTi). This commitment encompasses all scopes of emissions, indicating a comprehensive approach to reducing their carbon footprint. In previous years, emissions have shown fluctuations, with 2021 recording a total of 4,197,000 kg CO2e, which included 4,767,000 kg CO2e from Scope 1, 4,767,000 kg CO2e from Scope 2, and 14,301,000 kg CO2e from Scope 3. The data indicates a focus on reducing emissions intensity, with specific figures for their office portfolio emissions, such as 5,900 kg CO2e per square metre for Scope 1 in 2023. Precinct Properties New Zealand's climate commitments and reduction targets reflect their proactive stance in addressing climate change within the real estate sector, aligning with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 4,767,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 2 | 4,767,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 3 | 14,301,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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 committed to some reduction initiatives 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.