- Deterioration in the Group’s credit profile, decline in debt market conditions, and general rise in interest rates.
- Recoverability of financial assets.
- South African political and economic risks (currency volatility, rising interest rates, social unrest, increased administered costs, inflationary effects).
- Social unrest and protests.
- Retention of key staff.
- Development projects failing to deliver expected returns.
- Impact of loadshedding on operational performance.
- Non-compliance with laws and regulations.
- Destruction of assets.
- Currency risk.
Resilient REIT Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Resilient REIT Limited disclosed greenhouse gas emissions of 51.2K tCO2e (Resilient’s share: 42886 tonnes). By scope: Scope 1: 8.9K tCO2e; Scope 2: 229.4K tCO2e; Scope 3: 693.9K 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
51.2K tCO2e (Resilient’s share: 42886 tonnes)
2023
Renewable Energy
27.7% (December 2023)
of total energy
Water Usage
1.3M kℓ (South African portfolio)
2023
Waste
3.8K tons recycled
2023
Energy Use
83.9K MWh (Resilient’s share: 71379 MWh)
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). | 8.9K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 229.4K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 693.9K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Exceeded the Board’s target by increasing its generation capacity to 59,9MWp by December 2023, producing 27,7% of its electricity consumption.
- 3 847 tonnes of waste recycled in the reporting period across the property portfolio.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete the micro-grid installation at The Grove Mall by June 2024.
- Complete the extension to Mahikeng Mall in May 2024.
📅 Medium-term
- Achieve 50% renewable energy generation by the end of FY2027.
🔭 Long-term
- Carbon neutrality in energy consumption.
🌱 ESG Focus Areas
EnergyWaterWasteEmissionsBroad-Based Black Economic Empowerment (B-BBEE)