- Supply chain disruptions due to COVID-19.
- Need to improve environmental score (energy, water, waste consumption, and occupier data collection).
NewRiver REIT plc
Greenhouse gas emissions & sustainability report data
In its 2020-04 to 2021-03 reporting, NewRiver REIT plc disclosed greenhouse gas emissions of 34.4K tCO2e/year (location-based). By scope: Scope 1: 2.3K tCO2e/year; Scope 2: 3.4K tCO2e/year (location-based) 967 tCO2e/year (market-based); Scope 3: 28.7K 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
34.4K tCO2e/year (location-based)
2020-04 to 2021-03
Renewable Energy
3.7% of total energy use (on-site generation)
of total energy
Water Usage
107.8K m3/year
2020-04 to 2021-03
Waste
2.6K tons/year
2020-04 to 2021-03
Energy Use
27.5M kWh/year
2020-04 to 2021-03
📊 Emissions by Scope (2020-04 to 2021-03)
| 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). | 2.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.4K tCO2e/year (location-based) 967 tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 28.7K 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 |
|---|---|
| 2020-04 to 2021-03 | 34.4K tCO2e/year (location-based) |
| 2019-04 to 2020-03 | 4.9K tCO2e/year (Scope 1-2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions by 33% compared to 2018 baseline.
- 26% reduction in like-for-like electricity consumption across the portfolio.
- 99% waste diverted from landfill.
- 100% renewable electricity across managed retail assets.
- Romford Premier Inn achieved a BREEAM Very Good rating.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 100% waste diverted from landfill by 2022
- 85% recycling rate by 2025
- 100% landlord electricity from renewable sources by 2022
- 10% landlord electricity from on-site generation by 2025
- Electric vehicle charging points at 100% of retail properties by 2025
📅 Medium-term
- Achieve net zero carbon on all operational Scope 1 and 2 emissions by 2040
- 50% reduction in carbon emission intensity by 2030
- 100% energy from renewable sources by 2030
🔭 Long-term
- Achieve net zero carbon in terms of operational and embodied emissions by 2050
🌱 ESG Focus Areas
Minimising our environmental impactEngaging our staff and occupiersSupporting our communitiesLeading governance and disclosure