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 22 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Regal Real Estate Investment Trust reported total carbon emissions of approximately 40,731,000 kg CO2e, with Scope 1 emissions at about 6,074,000 kg CO2e and Scope 2 emissions at around 34,657,000 kg CO2e. This marks an increase from 2022, when total emissions were about 36,432,000 kg CO2e, with Scope 1 at approximately 5,144,000 kg CO2e and Scope 2 at about 31,288,000 kg CO2e. Regal has set significant reduction targets for its emissions. For Scope 1, the target aimed to reduce emissions from about 8,096,000 kg CO2e in 2019 to 5,380,000 kg CO2e by 2020, achieving a reduction of approximately 33.5%. Similarly, for Scope 2, the target was to decrease emissions from about 46,207,000 kg CO2e in 2019 to 26,656,000 kg CO2e by 2020, resulting in a reduction of approximately 42.3%. The company has not disclosed any Scope 3 emissions data, and there are currently no Science-Based Targets Initiative (SBTi) targets in place. Regal's emissions data is not cascaded from any parent organization, indicating that the reported figures are solely from Regal Real Estate Investment Trust. Overall, Regal Real Estate Investment Trust is actively working towards reducing its carbon footprint through targeted initiatives, although the latest data indicates a need for further progress in emissions management.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,780,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 44,999,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 000,000 | 000,000 | - | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Regal Real Estate Investment Trust has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
