- Climate change related physical risks (droughts, floods, heatwaves, rising sea levels) and transition risks (stringent regulatory compliance)
- Water scarcity in Singapore and Shanghai
- Potential damage to infrastructure or natural capital due to climate change
- Rising expectations on health & safety practices and service quality from tenants, guests and visitors
- High employee turnover rate (55.2% vs national industry average of 24.0%)
- Evolving regulations in the building sector
OUE Commercial Real Estate Investment Trust (OUE C-REIT)
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, OUE Commercial Real Estate Investment Trust (OUE C-REIT) disclosed greenhouse gas emissions of 28.6K kgCO2e/m2 (Scope 2). By scope: Scope 2: 28.6K kgCO2e/m2. 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
28.6K kgCO2e/m2 (Scope 2)
2022
Water Usage
450.6K m3/year
2022
Waste
3.4K tons/year (non-hazardous)
2022
Energy Use
86.9K MWh/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 28.6K kgCO2e/m2 |
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 | 28.6K kgCO2e/m2 (Scope 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Obtained the largest sustainability-linked loan among Singapore REITs in FY 2022
- Inaugural submission to the Global Real Estate Sustainability Benchmark (GRESB) assessment
- Commercial segment energy intensity reduced by 24.5% compared to base year FY 2017
- Scope 2 GHG emissions intensity reduced by 15.3% compared to FY 2017
- Commercial segment water intensity reduced by 40.5% compared to base year FY 2017
- Commercial segment non-hazardous waste intensity reduced by 26.9% compared to FY 2017
- Hotel paper waste reduced by 33.3% compared to base year FY 2017
- Hotel plastic waste reduced by 68.4% compared to base year FY 2017
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce commercial segment energy intensity per m2 by 25% by FY 2030
- Reduce hospitality segment energy intensity per occupied room by 25% by FY 2030
- Reduce Scope 2 GHG emissions intensity per m2 by 25% by FY 2030
- Reduce commercial segment water intensity per m2 by 25% by FY 2030
- Reduce hospitality segment water intensity per occupied room by 25% by FY 2030
🌱 ESG Focus Areas
Stewarding the EnvironmentStrengthening Social FabricBuilding Trust