Shaftesbury Capital

Shaftesbury Capital's reported carbon emissions

Shaftesbury Capital, a real estate services company based in Great Britain, is committed to significant carbon emission reductions. In 2024, the company reported total emissions of approximately 41.4 million kg CO2e, encompassing Scope 1, 2, and 3 emissions. Scope 3 emissions, specifically from downstream leased assets, accounted for the largest portion at approximately 40.7 million kg CO2e. Scope 1 emissions were approximately 625,930 kg CO2e, and Scope 2 emissions (purchased electricity) were about 1.19 million kg CO2e. Shaftesbury Capital has established ambitious climate targets: * **Net Zero by 2030:** The company aims to achieve Net Zero carbon emissions by 2030. * **Carbon Neutrality by 2025:** A target is set to be carbon neutral for Scope 1 and 2 emissions by 2025. * **Operational Carbon Reduction:** Aims for a 60% reduction in operational carbon emissions by 2030, targeting 90 kWh/m²/annum for commercial properties. * **Science-Based Targets (SBTi):** Shaftesbury Capital has committed to SBTi targets, including a near-term goal to reduce absolute Scope 1 and 2 greenhouse gas emissions by 60% by 2030, from a 2019 base year. They also commit to reducing absolute Scope 3 GHG emissions by 50% within the same timeframe. Long-term, they aim to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2040 and absolute Scope 3 GHG emissions by 90% by 2040, from a 2019 base year. These targets are consistent with limiting warming to 1.5°C. The company's emissions data is not cascaded from a parent organisation.