Urban Logistics Reit Sustainability Profile
Urban Logistics REIT, headquartered in Great Britain, is a prominent player in the UK real estate investment trust sector, specialising in urban logistics properties. Founded in 2017, the company has rapidly established itself as a leader in the logistics real estate market, focusing on acquiring and managing high-quality distribution centres in key urban locations across the UK. The firm’s unique approach centres on providing flexible, modern facilities that cater to the growing demand for last-mile delivery solutions. Urban Logistics REIT's portfolio includes strategically located assets that enhance supply chain efficiency, making it a preferred choice for logistics operators. With a commitment to sustainability and innovation, the company has achieved significant milestones, positioning itself as a trusted partner in the evolving logistics landscape.
DitchCarbon Score
How does Urban Logistics Reit'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.
Industry Average
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.
Industry Benchmark
Urban Logistics Reit's score of 46 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Urban Logistics Reit's reported carbon emissions
In 2024, Urban Logistics REIT reported total carbon emissions of approximately 331,000 kg CO2e, with Scope 1 emissions accounting for about 17,230 kg CO2e and Scope 3 emissions reaching approximately 11,218,000 kg CO2e. In 2023, the total emissions were about 222,000 kg CO2e, comprising around 31,170 kg CO2e from Scope 1 and approximately 18,804,000 kg CO2e from Scope 3. The company has set ambitious climate commitments, aiming for a 50% reduction in both Scope 1 and Scope 2 emissions by 2050, using a 2020 baseline. Additionally, Urban Logistics REIT is targeting near-zero emissions for both Scope 1 and Scope 2 by the middle of this decade (2023-2025). Emissions data is cascaded from its parent company, Urban Logistics REIT plc, with additional performance data sourced from LondonMetric Property Plc. The organisation is committed to enhancing its sustainability practices and reducing its carbon footprint in line with industry standards.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 50,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 223,000 | 000,000 | - | - |
| Scope 3 | 1,397,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Urban Logistics Reit's Industry?
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Urban Logistics Reit's Climate Goals (2030 & 2050)
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.
Urban Logistics Reit 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.
