Suntec Real Estate Investment Trust

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, although no specific reduction targets or initiatives have been disclosed. In previous years, Suntec REIT's emissions were as follows: in 2022, total emissions were about 61,343,000 kg CO2e; in 2021, they were approximately 69,525,000 kg CO2e; and in 2020, emissions were around 46,858,000 kg CO2e. The trend indicates a fluctuating but generally decreasing trajectory in emissions over the years. Suntec REIT has not established specific reduction targets or climate pledges, which may limit their ability to align with industry standards for climate action. However, they continue to disclose their emissions data, which is a crucial step towards accountability and potential future commitments. The absence of Scope 3 emissions data suggests a need for further assessment of their entire carbon footprint. Overall, while Suntec REIT is making strides in emissions reporting, the lack of defined reduction targets highlights an area for improvement in their climate strategy.