- Tenant default due to cessation or curtailment of trade
- Decreases in ERVs resulting in decreases in passing rent
- Reduced property market sentiment and investor demand
- Increased cost of arranging or servicing debt
- Failure to appropriately manage the environmental performance of the property portfolio
Custodian Property Income REIT plc
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Custodian Property Income REIT plc disclosed greenhouse gas emissions of 13.4K tCO₂e/year. By scope: Scope 1: 645 tCO₂e/year; Scope 2: 422 tCO₂e/year; Scope 3: 12.3K 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
13.4K tCO₂e/year
2024
Water Usage
168.9 dam³/year
2024
Energy Use
69.0K MWh/year
2024
📊 Emissions by Scope (2024)
| 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). | 645 tCO₂e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 422 tCO₂e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 12.3K 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 |
|---|---|
| 2024 | 13.4K tCO₂e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved a 13% reduction in operational carbon intensity, resulting in a 33% reduction over the 2021 baseline
- Increased EV charging capacity by 35% across public-facing assets and 337% across non-public facing assets
- Installed PV on 6 assets, bringing the total to 15 installations across the portfolio
- Improved portfolio weighted average EPC score from 58 (C) to 53 (C)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Annual 5% reduction of operational carbon intensity
- Increase EV charging capacity
- Annually install PV on 5% of industrial and retail warehouses
📅 Medium-term
- Achieve 90% reduction in operational carbon intensity by 2050
- All ‘D’ EPC ratings to be removed or improved by 2027
- All ‘E’ EPC ratings to be removed or improved by 31 December 2025
🔭 Long-term
- Operational net zero carbon by 2050
🌱 ESG Focus Areas
Improving the energy performance of buildingsReducing energy usage and emissionsAchieving positive social outcomes and supporting local communitiesUnderstanding environmental risks and opportunitiesComplying with all requirements and reporting in line with best practice