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OrganisationsUrban Logistics Reit
Urban Logistics Reit logo

Urban Logistics Reit

Real Estate ServicesUnited KingdomPNK: PCILF
Last verified 6 days agourbanlogisticsreit.com

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.

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

00.0M00M0M0M0

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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

In 2023, Urban Logistics REIT reported total carbon emissions of approximately 11,218,000 kg CO2e, comprising 17,230 kg CO2e from Scope 1, 324,000 kg CO2e from Scope 2, and 11,218,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, achieving operational net zero for Scopes 1 and 2 by 2024, with a reduction target of 1% from the previous year. Furthermore, Urban Logistics REIT aims to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Long-term goals include a 50% reduction in both Scope 1 and Scope 2 emissions by 2050, using a 2020 baseline. The emissions data is cascaded from its parent company, Urban Logistics REIT plc, with additional insights sourced from LondonMetric Property Plc. Urban Logistics REIT is committed to transparency and sustainability, aligning with industry standards to mitigate climate impact.

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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
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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
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
6 days ago
33
Workspace logoWorkspace
GBReal Estate Services
8 days ago
64
View
Php logoPhp
GBReal Estate Services
3 hours ago
61
View
Cls Holdings logoCls Holdings
GBReal Estate Services
11 hours ago
59
View
Supermarket Income Reit logoSupermarket Income Reit
GBReal Estate Services
9 days ago
50
View
Assura logoAssura
GBBusiness Services
7 days ago
49
View
C H Robinson logoC H Robinson
USTransport Services
2 days ago
42
View

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Where does DitchCarbon
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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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London W1W 5PF

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