Axis Real Estate Investment Trust
Axis-REIT's Climate Target Data Preview
As of 2024, Axis-REIT has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Axis-REIT's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2026 |
Verified Sources Behind Axis-REIT’s Climate Targets Data
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Insights into Axis-REIT's Greenhouse Gas Emissions Pathways
As of 2024, Axis-REIT has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
Does Axis-REIT have a target to reduce the emissions from its operations?
As of 2024, Axis-REIT has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Axis-REIT's most ambitious operational target is to reduce these emissions by 1% by 2026, compared to a baseline of 3,367.19 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
Axis-REIT has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2026 value, achieving its climate goal ahead of schedule.a