Spear Reit Limited, commonly referred to as Spear, is a prominent real estate investment trust headquartered in South Africa (ZA). Established in 2016, the company has rapidly positioned itself within the South African property sector, focusing primarily on the acquisition, development, and management of high-quality commercial and retail properties. With a strategic presence in key operational regions such as Cape Town and Johannesburg, Spear Reit Limited offers a diverse portfolio that includes office spaces, retail centres, and industrial properties. The company is recognised for its commitment to sustainable development and innovative property solutions, setting it apart in a competitive market. Notable achievements include a strong track record of delivering consistent returns to investors, reinforcing its status as a leading player in the South African real estate landscape.
How does Spear Reit Limited'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.
Spear Reit Limited's score of 9 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Spear Reit Limited, headquartered in South Africa (ZA), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Spear Reit Limited may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the industry increasingly prioritises sustainability, it will be essential for Spear Reit Limited to consider developing and communicating its climate commitments to align with global standards and expectations.
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.
Spear Reit Limited 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.
