Arena Reit

Arena REIT, an Australian real estate services company, reported its total carbon emissions for the fiscal year 2021 as approximately 1,036,500 kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions amounted to about 200 kg CO2e, Scope 2 emissions were approximately 6,200 kg CO2e, and Scope 3 emissions totalled around 969,500 kg CO2e.

For the fiscal years 2022 and 2023, Arena REIT's sustainability reports do not present absolute emissions data in kg CO2e. Instead, the reports for these years provide emissions intensity metrics, such as emissions per square meter of indoor floor area, and emissions intensity by unit of revenue for various asset classes. These intensity figures offer insights into the carbon footprint relative to operational scale and financial performance but do not yield a total absolute emissions figure for the company.

Arena REIT's disclosed data for 2021 indicates that Scope 3 emissions represented the largest portion of its reported carbon footprint, highlighting the significance of its value chain in its overall climate impact. The company's commitment to climate action is further detailed in its sustainability reports, which may include specific reduction initiatives or targets not detailed in the provided emission data. The absence of specific absolute emissions data for 2022 and 2023 means a year-on-year comparison of total emissions cannot be made for these periods.