- Transition risks (high carbon tax, stricter environmental regulations) and physical risks (damage to properties due to extreme weather) identified through scenario analysis (1.5°C and 4°C scenarios).
- Potential for damage to properties due to increased severity of extreme weather events.
Activia Properties Inc.
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Activia Properties Inc. disclosed greenhouse gas emissions of 5.4K t-CO2 (FY2023). By scope: Scope 1: 58 tCO2e; Scope 2: 11.1K tCO2e; Scope 3: 11.8K tCO2e. 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
5.4K t-CO2 (FY2023)
2023-04 to 2024-03
Renewable Energy
63% (estimated based on actual results for fiscal 2023)
of total energy
Water Usage
35.1K m3 (FY2023)
2023-04 to 2024-03
Waste
3.3K tons (FY2023)
2023-04 to 2024-03
Energy Use
23.0K MWh (FY2023)
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| 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). | 58 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 11.1K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 11.8K tCO2e |
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 |
|---|---|
| 2023-04 to 2024-03 | 5.4K t-CO2 (FY2023) |
| 2022-04 to 2023-03 | 31.5K t-CO2 (FY2022) |
| 2021-04 to 2022-03 | 42.3K t-CO2e/year |
| 2020-04 to 2021-03 | 40.7K t-CO2 |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved and maintained KPIs for green building certification ratio, green lease contracts ratio, and green bonds ratio by end of May 2024.
- Approximately 63% of the portfolio's electricity consumption was using renewable energy sources by the end of the fiscal period ended May 2024.
- Introduced internal carbon taxation in July 2024 to compare CO2 emissions from construction and energy-saving renovations.
- 74% of properties are green-certified (as of end of May 2024).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete transition to renewable electricity in all portfolio properties by the end of March 2026.
- 100% reduction of CO2 emissions generated by electricity by the end of March 2026 (relative to a FY2015 baseline).
📅 Medium-term
- 70% or more green-certified assets by 2030.
- Promote green leases for 100% of new contracts.
🌱 ESG Focus Areas
EnvironmentSocialGovernance