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 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Suntec Real Estate Investment Trust (Suntec REIT) reported total carbon emissions of approximately 1,972,830 kg CO2e, comprising 63,400 kg CO2e from Scope 1 and 1,909,430 kg CO2e from Scope 2 emissions. The organization has not disclosed any Scope 3 emissions data. For the year 2023, Suntec REIT's total emissions were approximately 14,270,600 kg CO2e, with Scope 1 emissions at 31,980 kg CO2e and Scope 2 emissions at 1,395,080 kg CO2e. Notably, in Singapore, the REIT reported Scope 1 emissions of 28,900 kg CO2e and Scope 2 emissions of approximately 47,776,800 kg CO2e, leading to a total of about 47,805,700 kg CO2e. Suntec REIT has not set specific reduction targets or initiatives as part of its climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The organization is actively engaged in sustainability practices but lacks detailed public commitments to specific emissions reduction goals. Overall, Suntec REIT's emissions data reflects its operational impact, with a focus on transparency in reporting, although further commitments to reduction strategies would enhance its climate action profile.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 893,000 | 000,000 | 000,000 | 000,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 69,882,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
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.
Suntec Real Estate Investment Trust 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.

