- Swift changes in the real estate landscape
- Increased electricity consumption due to AEIs and acquisition of KIPMall Kota Warisan
- Water disruptions in municipal water supply
- Potential climate-related physical risks (floods, rainfall, landslides)
KIP REAL ESTATE INVESTMENT TRUST
Greenhouse gas emissions & sustainability report data
In its 2023-07 to 2024-06 reporting, KIP REAL ESTATE INVESTMENT TRUST disclosed greenhouse gas emissions of 7.1K mtCO2e (Scope 2) + 103.87 mtCO2e (Scope 3) + 1.07 mtCO2e (Scope 1). By scope: Scope 1: 1.07 tCO2e/year; Scope 2: 7.1K tCO2e/year; Scope 3: 103.87 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
7.1K mtCO2e (Scope 2) + 103.87 mtCO2e (Scope 3) + 1.07 mtCO2e (Scope 1)
2023-07 to 2024-06
Renewable Energy
34% (17,334 GJ of 50,877 GJ)
of total energy
Water Usage
204.9K m3
2023-07 to 2024-06
Waste
5.8K tonnes (disposed) + 96.59 tonnes (recycled)
2023-07 to 2024-06
Energy Use
51.1K GJ
2023-07 to 2024-06
📊 Emissions by Scope (2023-07 to 2024-06)
| 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). | 1.07 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.1K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 103.87 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Substantial reduction in energy consumption and greenhouse gas emissions through energy-efficient technologies
- 100% LED lights installed across 6 KIPMalls
- 96.6 tonnes waste diverted from landfill
- 14% reduction in water intensity
- 17,334 GJ of solar energy generated
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy consumption by 1%
- Reduce Scope 1 and Scope 2 emissions by 1%
- Increase recycling rate by 5%
- Reduce non-recycled waste by 10%
- Reduce water consumption by 1%
📅 Medium-term
- Achieve at least 40% renewable energy by 2030
- Install EV charging stations across all malls
🔭 Long-term
- Achieve carbon neutrality by 2050
- Achieve green building certification for identified malls
🌱 ESG Focus Areas
Climate ChangeEnergy EfficiencyWaste ReductionSustainable Resource ManagementEmployee Well-beingDiversity and InclusionCommunity EngagementCorporate GovernanceEthical Business ConductSustainable Investment Practices