Suntec Real Estate Investment Trust
Suntec Real Estate Investment Trust (Suntec REIT), headquartered in Singapore (SG), is a prominent player in the real estate investment trust industry. Established in 2004, it has made significant strides in the commercial property sector, focusing on office and retail spaces primarily within Singapore and Australia. Suntec REIT's portfolio includes iconic properties such as Suntec City and One Raffles Quay, showcasing its commitment to high-quality assets. The trust is distinguished by its strategic approach to asset management and value creation, which has solidified its position as a leading REIT in the Asia-Pacific region. With a strong track record of performance and a commitment to sustainability, Suntec REIT continues to attract investors seeking reliable returns in the dynamic real estate market.
DitchCarbon Score
How does Suntec 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.
Industry Average
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.
Industry Benchmark
Suntec Real Estate Investment Trust's score of 31 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Suntec Real Estate Investment Trust's reported carbon emissions
In 2023, Suntec Real Estate Investment Trust (Suntec REIT) reported total carbon emissions of approximately 64,968,200 kg CO2e, comprising 1,637,000 kg CO2e from Scope 1 and about 63,331,200 kg CO2e from Scope 2 emissions. This reflects a commitment to transparency in their emissions reporting, which has been consistent over the years. In previous years, Suntec REIT's emissions were as follows: in 2022, total emissions were about 61,343,000 kg CO2e; in 2021, they reported approximately 69,525,000 kg CO2e; and in 2020, emissions were around 46,858,000 kg CO2e. Notably, the 2023 figures indicate a slight increase compared to 2022, highlighting the ongoing challenges in managing carbon outputs. Suntec REIT has not disclosed specific reduction targets or initiatives, nor have they committed to Science-Based Targets Initiative (SBTi) reduction targets. This absence of formal commitments suggests a need for further development in their climate strategy. The REIT operates in a sector increasingly scrutinised for its environmental impact, making it essential for them to establish clear and actionable climate commitments moving forward.
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Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 893,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 69,882,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Suntec Real Estate Investment Trust 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.
