Redefine Properties Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2020-09 to 2021-08🗂️ Report periods on file: 2020-09 to 2021-08, 2018, 2016, 2015

In its 2020-09 to 2021-08 reporting, Redefine Properties Limited disclosed greenhouse gas emissions of 566.2K tCO2e/year. By scope: Scope 1: 3.3K tCO2e/year; Scope 2: 34.3K tCO2e/year; Scope 3: 528.7K 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
566.2K tCO2e/year
2020-09 to 2021-08
⚡
Renewable Energy
5.83%
of total energy
💧
Water Usage
2.3M m3/year
2020-09 to 2021-08
♻️
Waste
7.6M kg/year
2020-09 to 2021-08
⚙️
Energy Use
526.7K MWh/year
2020-09 to 2021-08

📊 Emissions by Scope (2020-09 to 2021-08)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).3.3K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.34.3K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).528.7K tCO2e/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
2020-09 to 2021-08566.2K tCO2e/year
201833.0K tCO2e (savings from solar PV)
2016751.7K tCO2e/year

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 water consumption by 3.76% (115 ML)
  • Increase renewable energy generation by 3 MWp
  • Reduce waste to landfill by 300 tonnes (5%)
  • Implement TCFD framework
  • Conduct water impact assessments on 12% of portfolio

📅 Medium-term

  • Achieve net zero operational carbon, water or waste in two buildings
  • Increase Green Star SA certifications by 15 buildings
  • Align net zero energy pathway with national determined contributions

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate change and resilienceEnergyWaterWasteGreen buildingsBiodiversityStakeholder engagementCommunity involvementEmployee developmentResponsible corporate citizenshipHuman rightsTransformationGood governance

⚠️ Challenges & Risks +

  • 13% increase in Scope 1 and 2 emissions intensity (tCO2e/m2)
  • COVID-19 impact on renewable energy projects and operations
  • Increased electricity costs amid supply constraints
  • Water resource concerns due to recurring droughts and degrading infrastructure
  • High employee turnover (12%)
  • Skills shortages

📋 Report Information

Reporting Period: 2020-09 to 2021-08
Frameworks: International Integrated Reporting Framework, Companies Act, No 71 of 2008, JSE Limited Listings Requirements, King IV Report on Corporate Governance, International Financial Reporting Standards (IFRS), SASB, TCFD