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Tritax Big Box REIT plc, commonly referred to as Tritax Big Box, is a leading player in the real estate services sector, specifically focusing on logistics and distribution properties. Headquartered in Great Britain, the company has established a strong presence across key operational regions, including the UK and Europe. Founded in 2013, Tritax Big Box has achieved significant milestones, including a successful listing on the London Stock Exchange.
Specialising in the acquisition and management of large-scale logistics assets, Tritax Big Box distinguishes itself through its strategic focus on prime locations and high-quality developments. The company’s portfolio includes some of the most sought-after distribution centres, catering to the growing demand for e-commerce and supply chain efficiency. With a robust market position, Tritax Big Box continues to be recognised for its commitment to sustainable development and innovative property solutions.
+2 vs industry average
Tritax Big Box’s score of 31 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has below-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Tritax Big Box, a UK-based real estate services company, has reported no disclosed emissions data for 2024.
In 2023, Tritax Big Box reported total emissions of 81,994,050 kg CO2e. This includes 35,030 kg CO2e from Scope 2 (location-based) and 81,992,720 kg CO2e from Scope 3, with significant contributions from capital goods (81,959,000 kg CO2e) and purchased goods and services (33,720 kg CO2e).
For 2022, the company's total emissions were approximately 143,363,770 kg CO2e. This comprised 30 kg CO2e from Scope 1, 33,860 kg CO2e from Scope 2 (location-based), and 143,321,880 kg CO2e from Scope 3, notably including downstream leased assets (94,534,500 kg CO2e), capital goods (48,751,000 kg CO2e), and purchased goods and services (36,380 kg CO2e).
In 2021, Tritax Big Box's Scope 1 emissions were 50 kg CO2e, and Scope 2 (location-based) emissions were 7,870 kg CO2e. There was no Scope 3 data reported for this year.
Looking further back, in 2020, the company reported Scope 2 (location-based) emissions of 121,000 kg CO2e. Scope 3 emissions for 2020 totalled 271,052,500 kg CO2e, with major categories being downstream leased assets (158,047,000 kg CO2e), capital goods (113,000,000 kg CO2e), and business travel (5,500 kg CO2e).
For 2019, Tritax Big Box reported Scope 1 emissions of 0 kg CO2e and Scope 2 (location-based) emissions of 148,000 kg CO2e.
Tritax Big Box has set a net-zero target for Scope 3 (construction-related) emissions by 2030, covering emissions from capital goods. This target aims to offset embodied carbon emissions at practical completion for all new developments in line with the UKGBC framework for Net Zero Carbon in Construction. Additionally, the company aims for net-zero Scope 3 (remainder of material) emissions by 2040, which includes GHG emissions associated with the energy use of their clients (Downstream Leased Assets).
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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