- Reliance on tenants and property management companies for property-level raw data.
- Challenges in independently verifying the accuracy of raw data provided by tenants and property management companies.
- Climate-related risks such as more frequent and severe heavy rains, rising average temperatures, and increased and more severe tropical cyclones.
United Urban Investment Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, United Urban Investment Corporation disclosed greenhouse gas emissions of Scope 1: 3,000 t-CO2e/year (2023); Scope 2: 15,000 t-CO2e/year (2023); Scope 3: 82,000 t-CO2e/year (2023). By scope: Scope 1: 3.0K t-CO2e/year (2023); Scope 2: 15.0K t-CO2e/year (2023); Scope 3: 82.0K t-CO2e/year (2023). 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
Scope 1: 3,000 t-CO2e/year (2023); Scope 2: 15,000 t-CO2e/year (2023); Scope 3: 82,000 t-CO2e/year (2023)
2023
Water Usage
2.3M m3/year (2023)
2023
Waste
Non-hazardous: 5,099 tons/year (2023); Hazardous: 108 tons/year (2023)
2023
Energy Use
2.4M GJ/year (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3.0K t-CO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 15.0K t-CO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 82.0K t-CO2e/year (2023) |
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 |
|---|---|
| 2023 | Scope 1: 3,000 t-CO2e/year (2023); Scope 2: 15,000 t-CO2e/year (2023); Scope 3: 82,000 t-CO2e/year (2023) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved 83.9% environmental certification coverage (based on total floor area) as of end of May 2024.
- Received a “4 Stars” in GRESB Rating and a “Green Star” designation for the ninth consecutive year in the 2023 GRESB Real Estate Assessment.
- Achieved a “B” rating in CDP Climate Change assessment.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption intensity by 5% by FY2025.
- Increase environmental certification coverage to 80% by end of November 2024.
📅 Medium-term
- Reduce combined Scope 1 and Scope 2 GHG emissions by 42% by FY2030 compared to FY2021.
- Include Green Lease clauses in all lease contracts with office tenants by end of November 2030.
🔭 Long-term
- Achieve net zero GHG emissions by FY2050.
🌱 ESG Focus Areas
Climate ChangeEnvironmental Footprint ReductionSustainable Cities and Community ContributionHuman RightsGood Working EnvironmentStakeholder CooperationInternal Sustainability SystemsLegal ComplianceInformation Disclosure