- Reduced rental contributions from UOA II Parcels, UOA Damansara Parcels, and Wisma UOA Damansara II, reflecting lower occupancies during the financial year.
- Increased electricity cost following the tariff hike, higher maintenance expenses due to higher minimum wages, and increased costs for rental incentives and commissions for securing new tenants in 2023.
- A drop in rental income is expected for Parcel B - Menara UOA Bangsar given the departure of its anchor tenant upon expiry.
UOA Real Estate Investment Trust
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, UOA Real Estate Investment Trust disclosed greenhouse gas emissions of 5.1K tCO2e. By scope: Scope 1: 5 tCO2e; Scope 2: 5.1K 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
5.1K tCO2e
2023
Water Usage
112 ML
2023
Waste
624 tons
2023
Energy Use
31.4K GJ
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). | 5 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.1K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Parcel B - Menara UOA Bangsar achieved LEED O+M GOLD green building certification.
- All buildings within our portfolio are now equipped with Electric Vehicle (“EV”) charging stations.
- Efforts to install solar panel systems were initiated in FY2023 for UOA Corporate Tower, Wisma UOA Damansara II, and Parcel B - Menara UOA Bangsar and is expected to be completed by 1H2024.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Target completion of Tier 1 building status for Menara UOA Bangsar in Quarter 1, 2024.
- Completion of refurbishment and upgrading works at Parcel B - Menara UOA Bangsar, UOA Damansara Parcels, and Wisma UOA Damansara II in FY2024.
- Completion of repainting works on car park floors for UOA Centre Parcels and UOA II Parcels in 1H2024.
🌱 ESG Focus Areas
Economic PerformanceAnti-CorruptionHealth, Safety and SecurityDiversityHuman Capital ManagementEnergy and Emissions ManagementWater ManagementWaste ManagementSustainable Design/Green BuildingData Privacy and SecuritySupply Chain ManagementCommunity Outreach