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 52% 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 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. Regal has made significant strides in reducing its carbon footprint, achieving a 33.5% reduction in Scope 1 emissions from 8,096 tonnes CO2e in 2019 to 5,380 tonnes CO2e in 2020. Additionally, the company reported a 42.3% reduction in Scope 2 emissions, decreasing from 46,207 tonnes CO2e in 2019 to 26,656 tonnes CO2e in 2020. These reductions reflect Regal's commitment to enhancing its sustainability practices and addressing climate change. As of now, there are no specific science-based targets (SBTi) reported, and emissions data is not cascaded from any parent organization. Regal Real Estate Investment Trust continues to focus on its climate commitments and reduction initiatives to further mitigate its environmental impact.
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.