Regal Real Estate Investment Trust, commonly referred to as Regal REIT, is a prominent player in the real estate investment sector, headquartered in Hong Kong. Established in 2005, the trust has made significant strides in the industry, focusing on the acquisition and management of high-quality income-generating properties across Asia. With a diverse portfolio that includes retail, office, and industrial spaces, Regal REIT distinguishes itself through its strategic investments and commitment to sustainable practices. The trust has consistently demonstrated strong market performance, positioning itself as a reliable choice for investors seeking stability and growth in the real estate market. Notable achievements include a robust track record of returns and a reputation for excellence in property management, solidifying its status as a leader in the real estate investment landscape.
How does Regal Real Estate Investment Trust'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.
Regal Real Estate Investment Trust's score of 24 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Regal Real Estate Investment Trust, headquartered in Hong Kong, reported total carbon emissions of approximately 30,246,000 kg CO2e. This figure includes Scope 1 emissions of about 4,594,000 kg CO2e and Scope 2 emissions of approximately 25,652,000 kg CO2e. Notably, there were no reported Scope 3 emissions for the year. Regal has made significant strides in reducing its carbon footprint. From 2019 to 2020, the Trust achieved a 33.5% reduction in Scope 1 emissions, decreasing from about 8,096 kg CO2e to 5,380 kg CO2e. Similarly, Scope 2 emissions saw a substantial reduction of 42.3%, dropping from approximately 46,207 kg CO2e to 26,656 kg CO2e during the same period. While there are no current Science-Based Targets Initiative (SBTi) targets reported, Regal's commitment to reducing its direct and indirect greenhouse gas emissions demonstrates a proactive approach to climate action. The Trust's emissions data is self-reported and not cascaded from any parent organization, ensuring that their climate commitments are independently established.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 4,594,000 |
Scope 2 | 25,652,000 |
Scope 3 | - |
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.
Regal Real Estate Investment Trust is not participating in any 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.