- Volatility and inflationary environment in 2023
- Increasing price of carbon and energy
- Enhanced reporting obligations
- Stricter building/sector regulations
- Change in stakeholder expectations
Keppel Pacific Oak US REIT Management
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Keppel Pacific Oak US REIT Management disclosed greenhouse gas emissions of 40.3K tCO2e/year. By scope: Scope 1: 609 tCO2e/year; Scope 2: 3.1K tCO2e/year; Scope 3: 36.6K 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
40.3K tCO2e/year
2023
Water Usage
352.2 ML/year
2023
Waste
1.7K tons/year
2023
Energy Use
242.9K GJ/year
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). | 609 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 36.6K 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 40.3K tCO2e/year |
| 2022 | 41.8K tCO2e/year |
| 2021 | 27.7K tCO2e/year |
| 2020 | 29.0K tCO2e (Scope 2) + 608.14 tCO2e (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 8.7% reduction in Scope 1 and 2 emissions from 2019 levels
- Multiple properties achieved the US Environmental Protection Agency’s ENERGY STAR® label in 2023
- 22% of total waste generated was recycled or composted in 2023
🎯 Climate & Sustainability Targets
📅 Medium-term
- Achieve 30% reduction for Scope 1 and 2 emissions by 2030 from the 2019 baseline
🌱 ESG Focus Areas
Environmental StewardshipResponsible BusinessPeople and Community