- Tough operating environment in South Africa with pressure on local property fundamentals
- Unreliable electricity supply in South Africa
- Record high fuel and food prices
- High inflation and interest rate hikes in the US
- Global uncertainty due to the Ukraine-Russia conflict
- Negative rent reversions
- Risk of increasing vacancies, especially in the office sector
Emira Property Fund Limited
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Emira Property Fund Limited disclosed greenhouse gas emissions of 168.3K tCO2e/year. By scope: Scope 1: 1.2K tCO2e/year; Scope 2: 127.4K tCO2e/year; Scope 3: 39.8K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
168.3K tCO2e/year
2022
Renewable Energy
7.8% of total energy use
of total energy
Water Usage
896.1K m3/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.2K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 127.4K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 39.8K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 168.3K tCO2e/year |
| 2021 | 173.5K tCO2e/year (including out of scopes) |
| 2019 | 185.8K tCO2e/year |
| 2015 | 218.4K tCO2e (including other direct emissions) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 3.8% reduction in total emissions
- 2.0% reduction of Scope 1 and 2 emissions
- 2.0% reduction in grid electricity usage
- 267kWp increase in renewable energy capacity
- 151,080 KL water saved
- 50,000L additional rainwater harvesting installed
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 GHG emissions by 13% by 2023 (from 2015 baseline)
- Reduce average vacancy to <5.5%
- Increase tenant retention to >86%
📅 Medium-term
- Reduce emissions by 46% compared to the 2019 baseline by 2023
- Increase residential exposure through further investment into Transcend
- Selectively increase industrial (SA) and offshore (US) exposure
🔭 Long-term
- Delivering above average total returns to equity investors
- Maintaining a healthy balance sheet with strong liquidity
- Continuing to hold a balanced and diversified portfolio of assets
🌱 ESG Focus Areas
Climate changeDiversity & InclusionGovernanceCommunity engagementEnvironmental sustainability