- Higher financing costs due to higher interest rate environment
- Valuation decline in 2023 due to higher interest rate expectations
- Reduced addressable market in the UK due to operator buybacks and weakening covenants of some tenants
Supermarket Income REIT plc
Greenhouse gas emissions & sustainability report data
In its 2023-07 to 2024-06 reporting, Supermarket Income REIT plc disclosed greenhouse gas emissions of 84.3K tCO2e/year. By scope: Scope 1: 11 tCO2e/year; Scope 2: 92 tCO2e/year; Scope 3: 74.3K 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
84.3K tCO2e/year
2023-07 to 2024-06
Renewable Energy
20% (UK sites only)
of total energy
Energy Use
175.4M kWh/year
2023-07 to 2024-06
📊 Emissions by Scope (2023-07 to 2024-06)
| 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). | 11 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 92 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 74.3K 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 |
|---|---|
| 2023-07 to 2024-06 | 84.3K tCO2e/year |
| 2022-07 to 2023-06 | 81.1K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 87% of store EPC ratings at C or above
- 30% of sites have EV charging
- 20% of stores have solar installed (UK sites only)
- Science Based Targets validated and approved by SBTi, including a commitment to reach net zero by 2050
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and Scope 2 emissions by 42% by 2030
- All UK supermarkets EPC B or above by 2030
📅 Medium-term
- Reduce Scope 1, 2 and 3 emissions by 90% by 2050
- All UK ancillary units EPC B or above by 2030
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Climate and EnvironmentTenant and Community EngagementResponsible Business