- Increase in GHG emissions due to increased grid emission factor, higher energy consumption (landlord and tenant), and reduced onsite PV generation.
- Challenges in food waste segregation impacting recycling efficiency.
- Increased water withdrawal due to higher footfall.
Lendlease Global Commercial REIT
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Lendlease Global Commercial REIT disclosed greenhouse gas emissions of 24.7K tCO2e. By scope: Scope 1: 0 tCO2e; Scope 2: 10.2K tCO2e; Scope 3: 14.5K 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
24.7K tCO2e
2024
Water Usage
267.5K m3
2024
Waste
5.8K tons
2024
Energy Use
59.2K MWh
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). | 0 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 10.2K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 14.5K 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 |
|---|---|
| 2024 | 24.7K tCO2e |
| 2023 | 23.3K t-CO2e (FY2023) |
| 2021 | 3.9K t-CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved Net Zero Carbon (Scope 1 & 2) in FY2023, ahead of the FY2025 goal
- 24% waste recycling rate
- Maintained water efficiency index at the top 25th percentile in the local market
🎯 Climate & Sustainability Targets
🔜 Short-term
- 10% reduction in landlord energy consumption
- 2% reduction in landlord water consumption
- Achieve 28% waste recycling rate annually
📅 Medium-term
- Reduce total building energy consumption (landlord + tenant)
- Further reduce landlord water consumption
- Achieve Absolute Zero Carbon emissions
🔭 Long-term
- Achieve Absolute Zero Carbon emissions by FY2040
🌱 ESG Focus Areas
Climate ActionEnergy ManagementWaste ManagementWater ManagementHealth and SafetyDiversity and InclusionCommunity Development and EngagementBusiness Ethics and GovernanceData Privacy and CybersecurityEconomic Performance