Industrials Reit

Industrials Reit's reported carbon emissions

Industrials REIT, headquartered in GB and operating in real estate services (70), reported its carbon emissions for recent years. In 2023, the company's total emissions were approximately 117,243,000 kg CO2e, comprising Scope 1 emissions of approximately 50,000 kg CO2e, Scope 2 emissions of approximately 30,000 kg CO2e, and Scope 3 emissions of approximately 117,243,000 kg CO2e. For 2022, total emissions were around 36,739,000 kg CO2e, with Scope 1 emissions at approximately 47,000 kg CO2e, Scope 2 at approximately 163,000 kg CO2e, and Scope 3 at approximately 36,529,000 kg CO2e. In 2021, total emissions were approximately 16,410,000 kg CO2e. Industrials REIT is committed to significant emissions reductions, evidenced by its Science Based Targets initiative (SBTi) commitments. The company has pledged to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using a 2022 base year. This target is aligned with keeping warming to 1.5°C. Additionally, the company is committed to measuring and reducing its Scope 3 emissions. The company's emissions data for Scope 1, 2, and 3, along with its reduction targets, are inherited from its parent company, Blackstone Inc., which has provided Scope 3 data through CDP. Industrials REIT Limited's SBTi targets are also cascaded from the corporate family relationship. The company is classified as a Small or Medium Enterprise (SME) by the SBTi.