Prime US REIT
Prime US REIT, headquartered in Singapore, is a prominent player in the real estate investment trust (REIT) sector, focusing on high-quality income-generating properties in the United States. Founded in 2017, the company has rapidly established itself as a leader in the industry, with a diverse portfolio that includes office, retail, and industrial properties across key markets. With a commitment to delivering sustainable returns, Prime US REIT distinguishes itself through its strategic acquisitions and active asset management. The trust's unique approach to property investment has garnered significant attention, positioning it favourably within the competitive landscape. Notable achievements include a robust distribution yield and a strong market presence, reflecting its dedication to maximising shareholder value while navigating the complexities of the US real estate market.
DitchCarbon Score
How does Prime US REIT'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
Prime US REIT's score of 30 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Prime US REIT's reported carbon emissions
In 2023, Prime US REIT reported total carbon emissions of approximately 23,247,000 kg CO2e, comprising 1,162,000 kg CO2e from Scope 1 and 22,347,000 kg CO2e from Scope 2 emissions. This marks an increase in emissions from 2022, where the total was about 25,501,000 kg CO2e, with 1,023,000 kg CO2e from Scope 1 and 25,501,000 kg CO2e from Scope 2. In 2021, the total emissions were approximately 18,761,000 kg CO2e, all from Scope 2, as there were no reported Scope 1 or Scope 3 emissions. Despite the increase in emissions, Prime US REIT has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company operates within the real estate investment trust sector, which is increasingly focusing on carbon reduction and sustainability practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 |
| Scope 2 | 18,761,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Prime US REIT is not committed to any 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.
