Axis Real Estate Investment Trust

Common Name
Axis-REIT
Country
Malaysia
Sector
Real Estate
Industry
REIT - Diversified
Employees
78
Ticker
AXREIT
Exchange
BURSA MALAYSIA
Description
Axis Real Estate Investment Trust is a type of investment vehicle known for acquiring and managing a diversified portfolio of high-quality real estate assets. Its primary function is to provide unitho...

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2026
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Axis-REIT’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Axis-REIT’s data sources below and access millions more through our Disclosure Search.

a. Axis-REIT's Integrated Report 2024
a. Axis-REIT's Integrated Report 2024

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

Axis-REIT's Operational (Scope 1+2) Emissions Pathway

20192024202608501.7 k2.55 k3.4 kCurrent (-14%)Target 2026 (-1%)
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