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 84% 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 reflects a commitment to transparency in their environmental impact, although specific reduction targets or initiatives have not been disclosed. In previous years, Suntec REIT's emissions have shown fluctuations. For instance, in 2022, total emissions were about 61,343,000 kg CO2e, with Scope 1 emissions at 1,842,000 kg CO2e and Scope 2 emissions at approximately 59,673,000 kg CO2e. The trend indicates a focus on managing and reporting emissions, particularly in Scope 1 and 2, which are directly associated with their operational activities. Despite the absence of formal reduction targets or climate pledges, Suntec REIT's ongoing efforts to monitor and report emissions align with industry standards for sustainability and climate accountability. The company continues to engage in practices that reflect a commitment to reducing its carbon footprint, although specific strategies or goals remain unspecified.
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.