- Increase in electricity consumption at North Tech due to equipment malfunction.
- Increase in water consumption due to a faulty cooling tower equipment.
- Difficulty in obtaining environmental data from single-tenant properties.
- Rising operational costs.
AIMS APAC REIT
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, AIMS APAC REIT disclosed greenhouse gas emissions of 3.8K tCO2e/year. By scope: Scope 2: 3.8K tCO2e/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
3.8K tCO2e/year
2023-04 to 2024-03
Water Usage
176.5K m3/year
2023-04 to 2024-03
Waste
1.0K tons/year
2023-04 to 2024-03
Energy Use
9.0K MWh/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.8K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved a 17% carbon reduction from the FY2020 baseline.
- Completed one of the largest rooftop solar installations by a Singapore-listed REIT, with a capacity of 10.8 MWp, generating an estimated 14,500 MWh of electricity annually.
- Installed water-efficient fittings for toilet upgrades across three properties.
- Installed recycling bins across all multi-tenanted properties.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase solar capacity to 11.22 MWp by end FY2025
- 50% of new and renewal leases signed in FY2025 to be green
- Install water-efficient fittings in two properties
- Encourage waste separation and recycling in all multi-tenanted properties
📅 Medium-term
- Increase solar capacity to 13.13 MWp by end FY2027
- 70% of new and renewal leases signed in FY2027 to be green
- Progressively install water-efficient fittings certified under the PUB’s Water Efficiency Labelling Scheme for toilets
- Actively engage master tenants in single-user assets for collection of water data
- Actively engage master tenants in single-user assets for collection of waste data
🔭 Long-term
- SBTi commitment to 42% reduction in scope 2 emissions by FY2030, from a FY2020 base year
🌱 ESG Focus Areas
Economic PerformanceEnergy and EmissionsWater and EffluentsWasteOccupational Health and SafetyEmployment, Training and EducationDiversity and Equal OpportunityLocal CommunitiesBusiness EthicsRegulatory and Environmental Compliance