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OrganisationsUrban Logistics Reit
Urban Logistics Reit logo

Urban Logistics Reit

Real Estate ServicesUnited KingdomPNK: PCILF
Last verified 3 days agourbanlogisticsreit.com

Urban Logistics REIT, headquartered in Great Britain, is a prominent player in the real estate services sector, specifically focusing on logistics and industrial properties. Founded in 2017, the company has rapidly established itself as a leader in urban logistics, catering to the growing demand for efficient distribution solutions in key operational regions across the UK.

Specialising in acquiring and managing a diverse portfolio of logistics assets, Urban Logistics REIT offers unique investment opportunities that capitalise on the increasing need for last-mile delivery solutions. The company’s strategic approach to urban property investment has positioned it favourably within the market, achieving notable milestones in asset growth and tenant diversification. With a commitment to sustainability and innovation, Urban Logistics REIT continues to redefine urban logistics, making it a significant contributor to the evolving landscape of real estate services.

33
DitchCarbon score

+5 vs industry average

Urban Logistics Reit’s score of 33 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2026

00.0M00M0.0M0.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Urban Logistics Reit's reported carbon emissions

Urban Logistics REIT, a UK-based real estate services company, has reported emissions data for 2023 and 2022. In 2023, the company's total emissions were approximately 11,552,000 kg CO2e. This figure comprises Scope 1 emissions of about 17,230 kg CO2e, Scope 2 emissions of approximately 324,000 kg CO2e, and Scope 3 emissions totalling around 11,218,000 kg CO2e. For 2022, total emissions were approximately 10,313,670 kg CO2e, including Scope 1 emissions of about 12,670 kg CO2e, Scope 2 emissions of approximately 163,000 kg CO2e, and Scope 3 emissions totalling around 10,138,000 kg CO2e.

In terms of climate commitments, Urban Logistics REIT has achieved operational net zero (Scopes 1 and 2) by 2024. The company also aims to reduce its Scope 1 emissions to near zero by mid-decade and its Scope 2 emissions to near zero by the same timeframe, both from a 2023 baseline. Furthermore, they have long-term targets to achieve a 50% reduction in both Scope 1 and Scope 2 emissions by 2050, using a 2020 baseline.

It is noted that some data for Urban Logistics REIT is cascaded from Urban Logistics REIT plc. The company's CDP reporting inherits data from LondonMetric Property Plc at a cascade level of 1.

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Urban Logistics Reit’s Climate Goals (2030 & 2050)

5 goals

2050

50% reduction in Scope 1

We aim to achieve a 50% reduction in our Scope 1 emissions by 2050 from a 2020 baseline.

At risk50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

1 of 15 categories disclosed
Downstream Leased Assets166%
Downstream Leased Assets166%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

Inherited from LondonMetric Property Plc
See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Urban Logistics Reit logoUrban Logistics Reit
GBReal Estate Services
3 days ago
33
Cls Holdings logoCls Holdings
GBReal Estate Services
8 hours ago
67
View
Workspace logoWorkspace
GBReal Estate Services
3 days ago
64
View
Php logoPhp
GBReal Estate Services
5 days ago
61
View
C H Robinson logoC H Robinson
USTransport Services
24 days ago
60
View
Supermarket Income Reit logoSupermarket Income Reit
GBReal Estate Services
6 hours ago
50
View
Assura logoAssura
GBBusiness Services
6 days ago
49
View

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

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Ditchcarbonv260709.1
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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London W1W 5PF

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