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OrganisationsTritax Big Box
Tritax Big Box logo

Tritax Big Box

Real Estate ServicesUnited KingdomPNK: TTBXF
Last verified 26 days agotritaxbigbox.co.uk

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.

22
DitchCarbon score

-7 vs industry average

Tritax Big Box’s score of 22 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Medium

Real Estate Services has typical carbon intensity

Industry performance

0.221
20182025

The Real Estate Services industry has reduced its overall emissions by 17% since 2018

Emissions trajectory 2020 – 2026

000.0M000.0M000.0M00M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Tritax Big Box's reported carbon emissions

Tritax Big Box REIT plc, a UK-based real estate services company, reported significant emissions in 2023 and 2022. In 2023, their total emissions were approximately 81,994,020 kg CO2e, primarily driven by Scope 3 emissions of 81,959,000 kg CO2e from capital goods and 33,720 kg CO2e from purchased goods and services. Scope 1 emissions were 0 kg CO2e, while Scope 2 emissions stood at approximately 35,030 kg CO2e.

For the year 2022, Tritax Big Box's total emissions were approximately 138,640,000 kg CO2e. This comprised Scope 1 emissions of approximately 30 kg CO2e, Scope 2 emissions of approximately 33,860 kg CO2e, and Scope 3 emissions totalling approximately 138,585,000 kg CO2e, including 48,751,000 kg CO2e from capital goods and 94,534,500 kg CO2e from downstream leased assets.

Tritax Big Box has set ambitious climate commitments. By 2030, they aim for Net Zero Scope 3 emissions related to construction, covering materials production, transportation, and contractor processes for new developments and major refurbishments. They intend to offset embodied carbon emissions at practical completion for all new developments in line with the UK Green Building Council framework for Net Zero Carbon in Construction. Furthermore, they are targeting Net Zero for the remainder of their Scope 3 emissions, specifically related to the energy use of their clients (Downstream Leased Assets), by 2040.

In 2024, no specific absolute emissions data was disclosed, but the company's annual report mentions weighted average portfolio energy intensity and upfront embodied carbon emission factors. For 2021, Scope 1 emissions were approximately 50 kg CO2e, Scope 2 emissions approximately 7,920 kg CO2e, and Scope 3 emissions approximately 41,360 kg CO2e from purchased goods and services. Their 2020 emissions included Scope 2 emissions of approximately 121,000 kg CO2e and Scope 3 emissions of approximately 271,047,000 kg CO2e, with significant contributions from capital goods and downstream leased assets. For 2019, Scope 1 emissions were 0 kg CO2e and Scope 2 emissions were approximately 148,000 kg CO2e.

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Tritax Big Box’s Climate Goals (2030 & 2050)

1 goal

2030

3% reduction in scope 3 total

Net Zero Scope 3 (construction-related) emissions by 2030: • Scope 3 emissions related to the development of new assets and major refurbishm…

Behind target3%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

2 of 15 categories disclosed
Capital Goods100%
Purchased Goods & Services0%
Capital Goods100%
Purchased Goods & Services0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Climate Action 100+

Climate Action 100

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Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Tritax Big Box logoTritax Big Box
GBReal Estate Services
26 days ago
22
Inditex logoInditex
ESApparel Production
6 days ago
100
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Prologis logoPrologis
USLessors of Nonresidential Buildings (excpet Miniwarehouses)
2 hours ago
80
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Deutsche Post AG logoDeutsche Post AG
DECouriers and Express Delivery Services
6 days ago
79
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China Light And Power logoChina Light And Power
HKElectricity from Other Sources
9 hours ago
74
View
Ocado logoOcado
GBElectronic Shopping and Mail-Order Houses
6 days ago
70
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Amazon logoAmazon
USElectronic Shopping and Mail-Order Houses
2 days ago
58
View

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