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 33 is higher than 54% 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 35,600,000 kg CO2e. This figure includes Scope 1 emissions of about 1,161,000 kg CO2e, Scope 2 emissions of around 1,731,000 kg CO2e, and significant Scope 3 emissions totalling approximately 9,352,000 kg CO2e, which includes business travel and waste generated in operations. The company has shown a commitment to sustainability, although specific reduction targets or initiatives have not been disclosed. Emissions data for 2022 indicated a total of about 24,538,603 kg CO2e, suggesting a notable increase in emissions year-on-year. The emissions data is cascaded from Tritax Big Box REIT plc, reflecting the corporate family relationship. UK Commercial Property REIT Limited has not established specific science-based targets (SBTi) or documented reduction initiatives, indicating a potential area for future development in their climate strategy. The company continues to monitor its carbon footprint and is expected to align with industry standards for emissions reporting and reduction commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,166,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,293,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,741,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
UK Commercial Property REIT Limited's Scope 3 emissions, which decreased by 4% last year and increased by approximately 150% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 76% of total emissions under the GHG Protocol, with detailed category breakdown helping identify key emission sources across their value chain.
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.
UK Commercial Property REIT Limited 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.