Elite Commercial REIT

Greenhouse gas emissions & sustainability report data

๐Ÿ“Š Latest report period: 2022๐Ÿ—‚๏ธ Report periods on file: 2022, 2021

In its 2022 reporting, Elite Commercial REIT disclosed greenhouse gas emissions of 19.8K tCO2e/year (Scope 3). By scope: Scope 3: 19.8K 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.

๐Ÿ’จ
GHG Emissions
19.8K tCO2e/year (Scope 3)
2022
๐Ÿ’ง
Water Usage
93.7K m3/year
2022
โ™ป๏ธ
Waste
1.0K tons/year
2022
โš™๏ธ
Energy Use
96.2K MWh/year
2022

๐Ÿ“Š Emissions by Scope (2022)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).19.8K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

๐Ÿ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
202219.8K tCO2e/year (Scope 3)
202154.7K tCO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

โœ… Reported Environmental Achievements

๐ŸŽฏ Climate & Sustainability Targets

๐Ÿ”œ Short-term

  • EPC rating of B or higher for all properties by 2030

๐Ÿ“… Medium-term

  • EPC rating of B or higher for all properties by 2030

๐Ÿ”ญ Long-term

  • Net zero carbon emission portfolio by 2050

๐ŸŒฑ ESG Focus Areas

Climate ChangeEnergy and GHG EmissionsWaterTenant EngagementAttracting and Retaining TalentEmployee DevelopmentDiversityRegulatory ComplianceAnti-corruption

โš ๏ธ Challenges & Risks +

  • Lack of operational control over properties due to full repairing and insuring leases
  • Data limitations due to reliance on occupier-provided data
  • Potential physical risks from extreme weather events and water stress
  • Transition risks from stricter building regulations and changing market preferences

๐Ÿ“‹ Report Information

Reporting Period: 2022
Frameworks: GRI Universal Standards 2021, SASB Real Estate Standards, TCFD Recommendations, MAS ERM Guidelines, SGX-ST Listing Rules (711A and 711B), UN SDGs
Assurance: Internal review by an independent Internal Auditor