RL Commercial REIT, Inc., a prominent player in the real estate investment trust sector, is headquartered in the Philippines. Founded in 2022, the company has quickly established itself in the commercial real estate industry, focusing on the acquisition, development, and management of income-generating properties. With a diverse portfolio that includes office spaces, retail centres, and mixed-use developments, RL Commercial REIT stands out for its commitment to sustainability and innovative property solutions. The company aims to enhance shareholder value while contributing to the growth of the Philippine economy. Recognised for its strategic market positioning, RL Commercial REIT has achieved significant milestones in a short span, making it a noteworthy entity in the local real estate landscape.
How does RL COMMERCIAL REIT, INC'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.
RL COMMERCIAL REIT, INC's score of 6 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, RL Commercial REIT, Inc. reported total carbon emissions of approximately 40,0200 kg CO2e for Scope 1, about 14,725,700 kg CO2e for Scope 2, and around 60,267,720 kg CO2e for Scope 3 emissions. This represents a significant increase in emissions compared to 2022, where Scope 1 emissions were about 289,110 kg CO2e, Scope 2 emissions were approximately 13,563,110 kg CO2e, and Scope 3 emissions totalled around 55,509,590 kg CO2e. The data indicates that RL Commercial REIT has not set any specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. The absence of such commitments may reflect a broader industry context where many companies are still developing their climate strategies. Overall, RL Commercial REIT's emissions profile highlights the need for enhanced climate commitments and strategies to address their carbon footprint effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 53,450 | 000,000 | 000,000 |
Scope 2 | 16,819 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 | 00,000,000 |
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.
RL COMMERCIAL REIT, INC is not committed to any 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.