- Meeting evolving regulatory requirements and ESG disclosure expectations.
- Reducing Scope 3 emissions (tenant energy consumption).
- Managing physical risks such as flooding.
- Improving data collection and reporting.
Industrials REIT Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Industrials REIT Limited disclosed greenhouse gas emissions of 2.5K tCO2e (Location-Based) / 2285 tCO2e (Market-Based). By scope: Scope 1: 398.98 tCO2e; Scope 2: 228.90 tCO2e; Scope 3: 1.9K 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
2.5K tCO2e (Location-Based) / 2285 tCO2e (Market-Based)
2023
Renewable Energy
100% (electricity)
of total energy
Water Usage
11.5K m3
2023
Waste
267 tons
2023
Energy Use
12.8M kWh
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). | 398.98 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 228.90 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.9K 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 | 2.5K tCO2e (Location-Based) / 2285 tCO2e (Market-Based) |
| 2021-04 to 2022-03 | 1.7K tCO2e/year (location-based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Established science-based targets (SBTi) to reduce Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 baseline.
- 100% of electricity procured from REGO-backed renewable sources.
- Improved average EPC rating for England and Wales portfolio from 83 to 78 (D rating).
- Increased waste diverted from landfills to 267 tonnes (from 92 tonnes).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue to improve energy efficiency of buildings.
- Commence deployment of solar PV.
📅 Medium-term
- Reduce Scope 1 and 2 emissions by 42% by 2030.
- Achieve a minimum EPC rating of C for all assets by 2027.
🌱 ESG Focus Areas
Carbon footprint reductionEmployee empowermentCustomer and community engagementGovernance