Redefine Properties, a leading player in the South African real estate sector, is headquartered in Johannesburg, ZA. Established in 2003, the company has made significant strides in the property investment landscape, focusing on retail, office, and industrial sectors. With a diverse portfolio that spans major urban centres, Redefine Properties is renowned for its innovative approach to property management and development. The firm distinguishes itself through its commitment to sustainability and community engagement, ensuring that its developments not only meet market demands but also enhance the environments in which they operate. As a prominent entity in the real estate investment trust (REIT) market, Redefine Properties has achieved notable recognition for its strategic acquisitions and robust financial performance, solidifying its position as a trusted name in property investment.
How does Redefine Properties'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.
Redefine Properties's score of 33 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Redefine Properties reported total carbon emissions of approximately 35,976,570 kg CO2e. This figure includes 20,937,000 kg CO2e from Scope 1 emissions, 28,146,000 kg CO2e from Scope 2 emissions, and 491,869,000 kg CO2e from Scope 3 emissions. Over the years, Redefine has demonstrated a commitment to reducing its carbon footprint. For instance, in 2022, the total emissions were about 521,942,000 kg CO2e, indicating a significant reduction in emissions in 2023. The company has disclosed emissions across all three scopes, showcasing transparency in its reporting. Despite the absence of specific reduction targets or initiatives, Redefine Properties continues to engage in climate commitments, aligning with industry standards for sustainability. The company’s emissions intensity has shown a downward trend, reflecting its ongoing efforts to improve operational efficiency and reduce environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 635,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Scope 2 | 50,627,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 490,656,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Redefine Properties 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.