Sasseur Real Estate Investment Trust (Sasseur REIT)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020

In its 2023 reporting, Sasseur Real Estate Investment Trust (Sasseur REIT) disclosed greenhouse gas emissions of 13.8K t CO2e/year (Scope 1 & 2). By scope: Scope 1: 1.1K t CO2e/year; Scope 2: 12.7K t CO2e/year; Scope 3: 20.9K t CO2e/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
13.8K t CO2e/year (Scope 1 & 2)
2023
💧
Water Usage
368.7K m3/year
2023
♻️
Waste
17.8K tons/year
2023
⚙️
Energy Use
216.3K GJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.1K t CO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.12.7K t CO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).20.9K t CO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202313.8K t CO2e/year (Scope 1 & 2)
202214.3K t CO2e (Scope 1 and 2) and 17636.34 t CO2e (Scope 3 – tenant emissions only)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce energy intensity for landlord-controlled areas by 1% from FY2023
  • Reduce water intensity for landlord-controlled areas by 1% from FY2023
  • Continue assessing emission hotspots to determine expansion of Scope 3 organisational boundary

🌱 ESG Focus Areas

Climate ChangeEnvironmental FootprintTenant ManagementHealth and SafetyTalent Retention and TrainingRegulatory Compliance

⚠️ Challenges & Risks +

  • Increased energy consumption and energy intensity by 4.5% compared to FY2022 (though landlord-controlled areas saw a decrease)
  • Increased tenant emissions in Scope 3 (though like-for-like comparison shows a smaller increase due to increased tenant activities after COVID-19 restrictions)
  • Potential physical risks from floods, heatwaves, forest fires, and soil subsidence due to drought
  • Potential transition risks from carbon pricing, shifting market demand towards green buildings

📋 Report Information

Reporting Period: 2023
Frameworks: SGX-ST Mainboard Listing Rules 711A and 711B, Practice Note 7.6 Sustainability Reporting Guide, Global Reporting Initiative Universal Standards (GRI Standards) (updated 2021)
Assurance: Internal review by Sasseur REIT’s internal auditors; no external assurance