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.
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.
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.
Suntec Real Estate Investment Trust's score of 31 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 marks a significant commitment to transparency in their carbon footprint, although no specific reduction targets or initiatives have been disclosed. Over the years, Suntec REIT has shown fluctuations in emissions, with a total of approximately 69,525,000 kg CO2e in 2021 and about 61,343,000 kg CO2e in 2022. The data indicates a general trend towards managing and reporting emissions, particularly in Scope 1 and Scope 2 categories, which are critical for understanding direct and indirect emissions from energy consumption. Despite the absence of formal reduction targets or climate pledges, Suntec REIT's ongoing efforts to monitor and report emissions reflect an awareness of climate impact and a commitment to sustainability within the real estate sector in Singapore (SG). The company continues to engage in practices that align with industry standards for carbon management, contributing to broader climate action goals.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | - | - | - | - |
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.