UK Commercial Property REIT Limited, often referred to as UKC PREIT, is a prominent player in the UK real estate investment trust sector. Headquartered in Great Britain, the company primarily focuses on acquiring and managing a diverse portfolio of commercial properties across key regions in the UK. Founded in 2013, UKC PREIT has achieved significant milestones, establishing itself as a trusted name in the industry. The company’s core offerings include high-quality retail, office, and industrial properties, distinguished by their strategic locations and robust tenant profiles. UKC PREIT is recognised for its commitment to sustainable investment practices and delivering consistent returns to its shareholders. With a strong market position, the company continues to expand its footprint, contributing to the dynamic landscape of UK commercial real estate.
How does UK Commercial Property REIT 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.
UK Commercial Property REIT Limited's score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, UK Commercial Property REIT Limited reported total carbon emissions of approximately 726,957 kg CO2e, comprising 258,386 kg CO2e from Scope 1 and 468,571 kg CO2e from Scope 2. This data reflects a significant commitment to reducing emissions, as the company has achieved a 39% reduction in total Scope 1 and 2 emissions from its baseline year of FY20, bringing it 93% of the way to its Science Based Targets initiative (SBTi)-approved goal of a 42% reduction by 2030. In 2022, the company reported total emissions of approximately 24,538,603 kg CO2e, with 429,648 kg CO2e from Scope 1, 619,085 kg CO2e from Scope 2, and a substantial 23,489,870 kg CO2e from Scope 3 emissions. The absence of Scope 3 emissions data in 2023 indicates a focused approach on direct and indirect operational emissions. UK Commercial Property REIT Limited's climate commitments include a target to achieve a 42% reduction in absolute emissions across all scopes by 2030, based on its 2020 baseline. This ambitious target underscores the company's dedication to sustainability and aligns with industry standards for climate action. The emissions data is cascaded from its parent organization, with performance sources directly attributed to UK Commercial Property REIT Limited.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 429,648 | 000,000 |
Scope 2 | 619,085 | 000,000 |
Scope 3 | 23,489,870 | - |
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.
UK Commercial Property REIT 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.