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.
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.
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.
Urban Logistics Reit's score of 38 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Urban Logistics Reit reported total carbon emissions of approximately 19,104,000 kg CO2e, with emissions distributed across various scopes: 31,170 kg CO2e from Scope 1, 191,000 kg CO2e from Scope 2, and about 18,804,000 kg CO2e from Scope 3. This represents a significant increase in Scope 3 emissions compared to previous years, where Scope 3 emissions were approximately 11,218,000 kg CO2e in 2023 and 11,218,000 kg CO2e in 2022. In 2023, the company achieved Scope 1 emissions of about 17,230 kg CO2e and Scope 2 emissions of approximately 312,000 kg CO2e. The total emissions for Scope 1 and 2 combined were around 329,230 kg CO2e. The trend indicates a focus on managing emissions, particularly in Scope 1 and 2, while Scope 3 emissions remain a significant challenge. Urban Logistics Reit has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions, indicating a commitment to transparency in its climate impact. The absence of formal reduction targets suggests that Urban Logistics Reit may be in the early stages of developing a comprehensive climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 50,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 223,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 1,397,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Urban Logistics Reit 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.