- High interest rates straining tenant affordability
- Increased vacancies due to economic pressures and the Johannesburg gas explosion
- Failing municipal infrastructure and service delivery
- Unstable electricity and water supply
- Difficulty in disposing of non-performing assets
Octodec Investments Limited
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Octodec Investments Limited disclosed greenhouse gas emissions of 121.1K tCO2e. By scope: Scope 1: 2.1K tCO2e; Scope 2: 110.3K tCO2e; Scope 3: 8.6K 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
121.1K tCO2e
2024
Renewable Energy
6.3%
of total energy
Water Usage
1.5M kl
2024
Energy Use
117.7M kWh
2024
📊 Emissions by Scope (2024)
| 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). | 2.1K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 110.3K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 8.6K 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 |
|---|---|
| 2024 | 121.1K tCO2e |
| 2023 | 141.5K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon footprint by 6,922 CO2 tonnes from reduced energy consumption
- Reduced carbon footprint by 90 CO2 tonnes from reduced water consumption
- 3,127,883 kWh solar power generated, covering 6.3% of GLA
- 930 tonnes of total waste recycled (2023: 813 tonnes)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Transform vacant spaces into appealing environments
- Invest in water and energy security solutions
- Prioritize disposal of assets with poor returns
- Restructure arrangement with City Property
📅 Medium-term
- Identify opportunities for responsible growth and development
- Enhance human capital contributions
- Strengthen property portfolio
- Optimize balance sheet and funding structure
🌱 ESG Focus Areas
Environmental ResponsibilitySocial ImpactGovernance