- Collecting energy usage data from a large number of tenants.
- Addressing Scope 3 emissions related to tenant energy use.
Target Healthcare REIT plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Target Healthcare REIT plc disclosed greenhouse gas emissions of 110.5K metric tonnes CO2e (Scope 3). By scope: Scope 1: 0 tCO2e; Scope 2: 0 tCO2e; Scope 3: 110.5K tCO2e. 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
110.5K metric tonnes CO2e (Scope 3)
2023
Renewable Energy
42% (landlord-obtained electricity)
of total energy
Energy Use
116.5K MWh (tenant-obtained electricity)
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). | 0 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 110.5K tCO2e |
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 | 110.5K metric tonnes CO2e (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased EPC ratings to 98% A-B, exceeding sector average and minimizing transition capital expenditure.
- Increased energy consumption data coverage from tenants to 94% (from 47% in 2022).
- Increased proportion of leases with 'green provisions' to 44% (from 11% in 2022).
- Approved £1 million budget for energy efficiency initiatives.
- Achieved a GRESB score of 60 in inaugural assessment, in line with peer group.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Further reduce energy consumption through initiatives outlined on page 9.
📅 Medium-term
- Publish detailed Net Zero pathway in second half of 2024.
🔭 Long-term
- Achieve Net Zero Carbon by 2050.
🌱 ESG Focus Areas
Environmental SustainabilitySocial ImpactGovernance & Transparency