- Rising global temperatures impacting employee and tenant productivity
- Water scarcity affecting water availability and increasing operational costs
- Increasing climate-related regulations leading to increasing operating and compliance costs
- Shift in capital away from high-emitting products and services
- Cost to move to a low-carbon economy
- Failure to act on climate change affecting reputation
Manulife US REIT
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Manulife US REIT disclosed greenhouse gas emissions of 22.0K tCO2e/year. By scope: Scope 1: 2.1K tonnes/year; Scope 2: 19.9K tonnes/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
22.0K tCO2e/year
2022
Renewable Energy
13%
of total energy
Water Usage
3.0M m3/year
2022
Waste
2.0K tonnes/year
2022
Energy Use
76.2M ekWh/year
2022
📊 Emissions by Scope (2022)
| 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 tonnes/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 19.9K tonnes/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 27.3% reduction in energy intensity since 2018 base year
- 33% reduction in GHG emissions intensity since 2018 base year
- 93% of portfolio by NLA is green-certified
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve 38% reduction in GHG emissions intensity from 2018 base year by 2025
📅 Medium-term
- Achieve 80% reduction in GHG emissions intensity from 2018 base year by 2050
🔭 Long-term
- Achieve 100% green-certified portfolio by 2030
🌱 ESG Focus Areas
Economic SustainabilityGovernance FrameworkEngaging InvestorsNurturing our TalentSafeguarding Health and Well-beingServing our CommunitiesClimate ActionEnvironmental Stewardship