Vukile Property Fund Limited, commonly referred to as Vukile, is a prominent South African real estate investment trust (REIT) headquartered in Johannesburg, ZA. Established in 2004, Vukile has carved a niche in the retail and commercial property sectors, focusing on high-quality assets across key regions in South Africa and Spain. The company’s portfolio includes shopping centres, office buildings, and industrial properties, distinguished by their strategic locations and strong tenant relationships. Vukile's commitment to sustainable development and community engagement has positioned it as a leader in the property industry. With a robust market presence and a track record of consistent growth, Vukile continues to enhance its reputation as a trusted name in property investment and management.
How does Vukile Property Fund Limited'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.
Vukile Property Fund Limited's score of 7 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Vukile Property Fund Limited reported a total intensity of greenhouse gas (GHG) emissions from energy consumption of approximately 272,440 kg CO2e, which encompasses both Scope 1 and Scope 2 emissions. This figure reflects their ongoing commitment to monitoring and managing carbon emissions associated with their operations. In 2023, the intensity of GHG emissions was about 224,010 kg CO2e, indicating an increase in emissions compared to the previous year. In 2022, the reported emissions were significantly lower at approximately 14,170 kg CO2e, while in 2021, emissions were around 13,330 kg CO2e. This trend suggests fluctuations in emissions intensity over the years, which may be influenced by various operational factors. Despite the emissions data available, Vukile Property Fund has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. As the property sector increasingly prioritises climate commitments, Vukile's future efforts in this area will be crucial for aligning with industry standards and expectations.
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.
Vukile Property Fund Limited 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.