VistaREIT, Inc. Sustainability Profile
VistaREIT, Inc., a prominent player in the real estate investment trust (REIT) sector, is headquartered in the Philippines. Founded in 2020, the company has quickly established itself as a key contributor to the local property market, focusing on the acquisition, development, and management of income-generating real estate assets. With a diverse portfolio that includes commercial, residential, and mixed-use properties, VistaREIT stands out for its commitment to sustainable development and innovative design. The company aims to enhance shareholder value while providing quality living and working spaces. Recognised for its strategic growth and market adaptability, VistaREIT continues to expand its footprint across major urban centres in the Philippines, solidifying its position as a trusted name in the real estate industry.
DitchCarbon Score
How does VistaREIT, Inc.'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
VistaREIT, Inc.'s score of 14 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VistaREIT, Inc.'s reported carbon emissions
In 2023, VistaREIT, Inc. reported total carbon emissions of approximately 1,590.6 kg CO2e, all of which fall under Scope 2 emissions, specifically from purchased electricity, which accounted for about 5,115.46 kg CO2e. This represents a slight increase from 2022, where the company recorded approximately 1,522.5 kg CO2e in Scope 2 emissions, with purchased electricity contributing about 4,567.17 kg CO2e. Despite the increase in emissions, VistaREIT has not set any specific reduction targets or climate pledges, nor do they inherit emissions data from a parent company. The absence of Scope 1 and Scope 3 emissions data indicates a limited scope of reporting, focusing solely on indirect emissions from electricity consumption. As part of their climate commitments, VistaREIT is encouraged to establish measurable reduction targets aligned with industry standards to enhance their sustainability profile and contribute to broader climate goals.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 1,522.5 | 0,000.0 |
| Scope 3 | - | - |
How Carbon Intensive is VistaREIT, Inc.'s Industry?
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VistaREIT, Inc.'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.
VistaREIT, Inc. 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.
