Pt Pakuwon Jati Tbk

PT Pakuwon Jati Tbk, an Indonesian real estate services company, reported total carbon emissions of approximately 446,166,000 kg CO2e in 2023. This comprised Scope 1 emissions of 20,598,000 kg CO2e, Scope 2 emissions (from purchased electricity) of 210,349,000 kg CO2e, and Scope 3 emissions of 215,219,000 kg CO2e. Key contributors to Scope 3 emissions included downstream leased assets (161,343,130 kg CO2e), capital goods (15,499,930 kg CO2e), purchased goods and services (22,577,380 kg CO2e), and waste generated in operations (11,333,720 kg CO2e).

In 2022, the company's total emissions were approximately 428,024,000 kg CO2e, including Scope 1 emissions of 22,841,000 kg CO2e, Scope 2 emissions of 198,409,000 kg CO2e, and Scope 3 emissions of 206,774,000 kg CO2e. Looking back to 2021, total emissions were approximately 404,560,000 kg CO2e, with Scope 1 at 12,489,000 kg CO2e, Scope 2 at 195,252,000 kg CO2e, and Scope 3 at 196,819,000 kg CO2e.

PT Pakuwon Jati Tbk has set ambitious Science Based Targets initiative (SBTi) commitments. The company aims to reduce Scope 1, 2, and 3 in-use operational GHG emissions of owned and leased buildings (covering downstream leased assets) by 73.1% per square metre by 2033 from a 2023 base year. Furthermore, it commits to an absolute reduction of all other Scope 1 and 2 GHG emissions by 54.6% by 2033 from a 2023 base year. For Scope 3, PT Pakuwon Jati Tbk targets a 32.5% absolute reduction in GHG emissions from fuel- and energy-related activities by 2033 from a 2023 base year. The company also commits to not installing new fossil fuel equipment in its building portfolios from 31st December 2030.