- Growth or contraction in the real estate sector due to prevailing macroeconomic trends brought on by global issues such as geopolitical tensions, resource and climate risks, technological breakthroughs and demographic shifts.
- Potential changes in regulatory provisions that may impair leasing operations, and threaten the accreditation with specific agencies
- Post-pandemic global leasing trends show increased vacancies and untimely expiration or early termination of leases due to the shift towards flexible working arrangements.
- Rise in the proliferation of ESG-themed or ‘green’ leases.
- Potential loss of PEZA accreditation due to non-compliance with conditions by the tenants, particularly on the work-from-home dispute that arose in 2022.
- Post-pandemic increase in cost of living such as energy, and logistics issues in the supply chain aggravated by geopolitical developments in 2022.
- Historical highs in inflation rate may affect the net operating income.
FILINVEST REIT CORP. (formerly CYBERZONE PROPERTIES, INC.)
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, FILINVEST REIT CORP. (formerly CYBERZONE PROPERTIES, INC.) disclosed greenhouse gas emissions of 34.2K tonnes CO2-e (total area). By scope: Scope 1: 232 tonnes CO2-e; Scope 2: 34.2K tonnes CO2-e; Scope 3: 6.3K tonnes CO2-e. 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
34.2K tonnes CO2-e (total area)
2022
Renewable Energy
38% (total area)
of total energy
Water Usage
342.2K m3 (total area)
2022
Waste
1.9K tonnes (municipal solid waste)
2022
Energy Use
48.1K MWH (total area)
2022
📊 Emissions by Scope (2022)
| 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). | 232 tonnes CO2-e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 34.2K tonnes CO2-e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 6.3K tonnes CO2-e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- 32% of electricity used was from renewables (from 26% in 2021)
- 11.5% of treated effluent reused
- 100% conversion to LED lights
- 100% completion of installation of variable frequency drives
- zero cases of environmental violations
- Two existing buildings approved for EDGE certification
🎯 Climate & Sustainability Targets
🔭 Long-term
- Net zero emissions
🌱 ESG Focus Areas
Environmental complianceResource efficiencyEnergy efficiency, renewable energy and climate change mitigationWaste managementDesign of green buildings and neighborhoodsClimate change adaptation and mitigationOccupational health and safetyPandemic impacts: health, work arrangementsTalent development and engagementPublic and workforce mobilityWork from HomeGood governance structureGovernment policy and regulatory complianceTransparency with disclosuresCompliance with emerging regulations