Tower Property Fund Limited, headquartered in South Africa (ZA), is a prominent player in the real estate investment sector. Founded in 2013, the company has rapidly established itself as a leader in the property fund industry, focusing on high-quality commercial and retail properties across key regions in South Africa and Europe. Specialising in the acquisition, development, and management of income-generating properties, Tower Property Fund is recognised for its strategic approach to enhancing asset value and delivering sustainable returns. The fund's unique portfolio includes a diverse range of properties, which sets it apart in a competitive market. With a commitment to excellence, Tower Property Fund Limited has achieved significant milestones, positioning itself as a trusted name in property investment. Its dedication to innovation and quality has earned the company a solid reputation among investors and stakeholders alike.
How does Tower Property Fund Limited'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.
Tower Property Fund Limited's score of 22 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Tower Property Fund Limited reported total carbon emissions of approximately 477,000 kg CO2e. This figure includes 165,000 kg CO2e from Scope 1 emissions, 135,000 kg CO2e from Scope 2 emissions, and 177,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the total emissions were about 617,000 kg CO2e, with Scope 1 emissions at 300,000 kg CO2e, Scope 2 at 126,000 kg CO2e, and Scope 3 at 191,000 kg CO2e. This indicates a significant reduction in total emissions year-on-year. Despite these reductions, Tower Property Fund Limited has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The company does not inherit emissions data from a parent organisation, indicating that all reported figures are independently sourced. Overall, Tower Property Fund Limited is actively monitoring its carbon footprint across all scopes but currently lacks formal commitments to further reduce emissions in the future.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 169,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 180,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 202,000 | 00,000 | 000,000 | 000,000 |
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.
Tower Property Fund Limited is not participating in any of the initiatives that 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.