- Increasing availability of new office developments putting downward pressure on rental rates
- Flight-to-quality trend with companies preferring prime, Grade A, and green-certified buildings
- Increased costs due to sustained inflation and a depreciating ringgit
IGB Commercial Real Estate Investment Trust
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, IGB Commercial Real Estate Investment Trust disclosed greenhouse gas emissions of 31.0K tCO2e/year (Scope 1: 16 Scope 2: 19840 Scope 3: 11178). By scope: Scope 1: 16 tCO2e/year; Scope 2: 19.8K tCO2e/year; Scope 3: 11.2K 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
31.0K tCO2e/year (Scope 1: 16 Scope 2: 19840 Scope 3: 11178)
2023
Water Usage
316.4K m3/year
2023
Waste
832.8 tons/year
2023
Energy Use
35.0K MWh/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). | 16 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 19.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 11.2K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- GTower received the GreenRE (Gold) Commercial Category Award
- Southpoint Offices & Retail achieved the Green Building Index (GBI) Silver Certification
- Menara Tan & Tan received a Greenpass Operation certification, achieving a 41.38% emissions reduction
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce Energy Usage Intensity (EUI) by 18% by 2030
- Achieve a 10% waste diversion rate by 2030
🌱 ESG Focus Areas
Health, Safety & SecurityCustomer SatisfactionEconomic PerformanceHuman Capital ManagementData Privacy & SecurityCorporate GovernanceClimate ChangeDiversity, Equity & InclusionWater ManagementCommunity/SocietyWaste ManagementSupply Chain Management