Redefine Properties
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.
DitchCarbon Score
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.
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
Redefine Properties's score of 30 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Redefine Properties's reported carbon emissions
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 shown fluctuations in its emissions. For instance, in 2022, the total emissions were about 521,942,000 kg CO2e, with Scope 1 at 4,458,000 kg CO2e, Scope 2 at 33,261,000 kg CO2e, and Scope 3 at 484,224,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any other climate pledges, indicating a potential area for improvement in their climate commitments. The data reflects a significant reliance on Scope 3 emissions, which typically encompass indirect emissions from the value chain, highlighting the importance of addressing these areas for comprehensive climate action. Redefine Properties continues to navigate its carbon footprint within the context of its operations in South Africa (ZA) and globally.
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| 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 |
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.
Redefine Properties is participating in some of the initiatives that 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.
