- Higher gas consumption on two units led to lower than target emission reduction
- Limited visibility over scope 3 emissions (occupier energy consumption)
- Difficulty benchmarking scope 3 performance due to lack of data
Warehouse REIT plc
Greenhouse gas emissions & sustainability report data
By scope: Scope 3: 2.0K tCO2e (estimated from 53.8% of portfolio). 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.
Renewable Energy
100% (landlord procured electricity)
of total energy
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.0K tCO2e (estimated from 53.8% of portfolio) |
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 |
|---|---|
| 2022-04-01 to 2023-03-31 | 604 tonnes of CO2e |
| 2021-03 to 2022-03 | 839 tonnes of CO2e |
| 2020-04 to 2021-03 | 484.9 tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved a 2.8% reduction in scope 1 and 2 emissions (below target due to higher gas consumption on two units)
- Increased EPC A-C rated space to 66.6% from 60.2%
- Increased EPC A-B rated space to 26.5% from 10.4%
- 96% of refurbished units achieved an EPC B rating
- 100% of landlord-procured electricity contracts are REGO-backed tariffs
🎯 Climate & Sustainability Targets
🔜 Short-term
- Further 25% reduction in EPC D and E rated properties
- Deliver mitigation plans for high-risk assets
- Increase visibility over occupier energy usage by at least 10%
- Perform annual occupier survey
📅 Medium-term
- Achieve net zero on scope 1 and 2 emissions by 2030
- Target PV on a minimum of 10% of the portfolio by 2030
- Ensure 100% of directly procured electricity from renewable contracts
🔭 Long-term
- Net zero emissions across scopes 1, 2, and 3 (target year not specified)
🌱 ESG Focus Areas
Climate ChangeEnergy EfficiencyOccupier EngagementResponsible BusinessCommunity Engagement