- Climate change risks, including transition risks (policy and legal, technology, market, reputation) and physical risks (acute and chronic).
- Increased utility costs due to rising energy prices.
- Maintaining high standards of third-party certifications.
AEON REIT Investment Corporation
Greenhouse gas emissions & sustainability report data
In its 2022-03 to 2023-02 reporting, AEON REIT Investment Corporation disclosed greenhouse gas emissions of 261.0K t-CO2e/year. By scope: Scope 1: 0 t-CO2e/year; Scope 2: 17 t-CO2e/year; Scope 3: 261.0K t-CO2e/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
261.0K t-CO2e/year
2022-03 to 2023-02
Water Usage
4.2M m3/year
2022-03 to 2023-02
Waste
35.3K tons/year
2022-03 to 2023-02
Energy Use
6.1B MWh/year
2022-03 to 2023-02
📊 Emissions by Scope (2022-03 to 2023-02)
| 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). | 0 t-CO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 17 t-CO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 261.0K t-CO2e/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 |
|---|---|
| 2022-03 to 2023-02 | 261.0K t-CO2e/year |
| 2020-08 to 2021-07 | 241.3K t-CO2 (FY2020) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- CO2 emissions intensity decreased by 15.6% and energy consumption intensity decreased by 10.6% compared to fiscal 2019.
- Ratio of properties with third-party certification (3 stars or higher) reached 86.8%, exceeding the medium-term target of 85%.
- Ratio of properties with third-party certification (4 stars or higher) reached 82.5%, exceeding the medium-term target of 80%.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption intensity and CO2 emissions intensity by 1% annually on average.
📅 Medium-term
- 50% of electricity/energy consumption to be renewable.
- 50% reduction of CO2 emissions (Scope 3).
- Net zero emissions (long-term target).
- Maintain or increase year-on-year average customer visits across the portfolio.
- 50% or more of the portfolio to serve as disaster relief hubs (long-term target: 100%).
🔭 Long-term
- Net zero emissions by 2050.
- 30% or more of the portfolio to have ABINC certification.
🌱 ESG Focus Areas
Climate ChangeBiodiversity and Land UseLocal Community Engagement and Sustainable DevelopmentSafety and Security of Owned PropertiesHuman Capital DevelopmentCorporate GovernanceCompliance and Risk Management