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 91% 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 were classified under Scope 2 emissions, specifically from purchased electricity. This marks a slight increase from 2022, when the company recorded approximately 1,522.5 kg CO2e in Scope 2 emissions. Despite the absence of Scope 1 and Scope 3 emissions data, VistaREIT has not established any formal reduction targets or climate pledges. The company is currently focused on its operational emissions, primarily from electricity consumption, as indicated by its reported figures. VistaREIT's commitment to addressing climate change is evident through its transparency in emissions reporting, although further initiatives and targets would enhance its sustainability profile. The data provided is not cascaded from any parent organization, indicating that these figures are solely from VistaREIT, Inc.
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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.
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