- Slight increase of 0.7% in carbon emissions due to increased traffic with the return of business and society normalcy from COVID-19
- Climate change risks (typhoons, rainfall floods, landslides, extreme heat)
- Government policy and legal changes
- Technological shifts
- Market and reputation changes
Champion Real Estate Investment Trust
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Champion Real Estate Investment Trust disclosed greenhouse gas emissions of 7.0K tCO2e (Scope 1 & 2). By scope: Scope 1: 6.6 tCO2e; Scope 2: 7.0K tCO2e; Scope 3: 64.5 tCO2e (Category 1) + 0.2 tCO2e (Category 6) + 3.1 tCO2e (Category 7) + 5,836.3 tCO2e (Category 13). 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
7.0K tCO2e (Scope 1 & 2)
2023
Water Usage
1.4M m3
2023
Waste
2.5K tons
2023
Energy Use
18.1M kWh
2023
📊 Emissions by Scope (2023)
| 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). | 6.6 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.0K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 64.5 tCO2e (Category 1) + 0.2 tCO2e (Category 6) + 3.1 tCO2e (Category 7) + 5,836.3 tCO2e (Category 13) |
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 | 7.0K tCO2e (Scope 1 & 2) |
| 2022 | 12.1K tCO2e (2021); 11202.4 tCO2e (2022) (Three Garden Road & Langham Place) |
| 2021 | 12.1K tCO2e (Scope 1 & 2) |
| 2019 | 311.8K tCO2e/year (2019) |
| 2018 | 28.0K tCO2e/year |
| 2017 | 30.3K tons CO2 equivalent |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy consumption by 0.3% in 2023
- Reduced water usage by 7.5% in 2023
- Collected 22,690 kg food waste for waste-to-energy conversion, equivalent to reducing over 10,000 kg greenhouse gas emissions
- Installed over 40 EV charging stations
- Achieved BEAM Plus Platinum Existing Buildings rating (Langham Place Office Tower)
- 100% of properties attained various key green building certifications
🎯 Climate & Sustainability Targets
📅 Medium-term
- 42% reduction on carbon intensity by 2030
- 25% reduction on water consumption intensity by 2030
- Increase 50% average training hours of our employees by 2030
- Increase 50% resources devoted to stakeholder engagement by 2030
- Increase 25% volunteer service hours by 2030
🔭 Long-term
- Net Zero carbon emissions by 2045
🌱 ESG Focus Areas
Energy and carbon emissionsRenewable energySustainable and climate-resilient buildingsInnovative technologyClimate change adaptation and mitigationStakeholder engagementSupply chain managementSustainable procurementAnti-corruptionHealth and safetyStakeholders’ wellnessCommunity engagementDiversity and inclusionWomen empowermentBoard oversight and governanceCollaborationCommunity investmentCapacity building