CapitaLand Ascendas REIT
CapitaLand Ascendas REIT's GHG Emissions Data Preview
In 2024, CapitaLand Ascendas REIT completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
CapitaLand Ascendas REIT has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature.  | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
a
aVerified Sources Behind CapitaLand Ascendas REIT’s Greenhouse Gas (GHG) Emissions 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 CapitaLand Ascendas REIT’s data sources below and access millions more through our Disclosure Search.
Insights into CapitaLand Ascendas REIT's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of CapitaLand Ascendas REIT amounted to 59,692 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of CapitaLand Ascendas REIT increased by 5.89%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
CapitaLand Ascendas REIT's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are CapitaLand Ascendas REIT's Scope 1 emissions?
In 2024, the total Scope 1 emissions of CapitaLand Ascendas REIT were 3,554 metric tons of CO₂ equivalent (tCO₂e).a
Has CapitaLand Ascendas REIT reduced its Scope 1 emissions over time?
Since 2021, CapitaLand Ascendas REIT's Scope 1 emissions have increased by 520.24%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), CapitaLand Ascendas REIT's Scope 1 emissions increased by 600.99%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are CapitaLand Ascendas REIT's Scope 2 emissions?
In 2024, CapitaLand Ascendas REIT reported Scope 2 greenhouse gas (GHG) emissions of 46,166 tCO₂e using the market-based method and 56,138 tCO₂e using the location-based method.a
Has CapitaLand Ascendas REIT reduced its Scope 2 emissions over time?
Compared to the previous year (2023), CapitaLand Ascendas REIT's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CapitaLand Ascendas REIT's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does CapitaLand Ascendas REIT use for Scope 2 reporting?
In 2024, CapitaLand Ascendas REIT reported its Scope 2 emissions using the market-based method and using the location-based method.a
CapitaLand Ascendas REIT's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into CapitaLand Ascendas REIT's Value Chain Emissions
In 2024, CapitaLand Ascendas REIT reported 165,300 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of CapitaLand Ascendas REIT includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
CapitaLand Ascendas REIT's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are CapitaLand Ascendas REIT's Scope 3 emissions?
In 2024, CapitaLand Ascendas REIT reported total Scope 3 emissions of 165,300 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 11.76% of these emissions originated from upstream activities such as purchased goods and capital goods, while 88.24% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), CapitaLand Ascendas REIT's Scope 3 emissions remained relatively stable, indicating that CapitaLand Ascendas REIT's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does CapitaLand Ascendas REIT disclose?
In 2024, CapitaLand Ascendas REIT reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of CapitaLand Ascendas REIT's Scope 3 emissions?
In 2024, the largest contributors to CapitaLand Ascendas REIT's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 145,867 tCO₂e (88.24%)
- Fuel- and Energy-Related Services (Cat. 3): 15,316 tCO₂e (9.27%)
- Waste Generated in Operations (Cat. 5): 4,050 tCO₂e (2.45%)
CapitaLand Ascendas REIT's Scope 3 Emissions by Categories
Insights into CapitaLand Ascendas REIT’s GHG Emissions Intensity Compared to Industry Peers
In 2024, CapitaLand Ascendas REIT reported Scope 1 greenhouse gas (GHG) emissions of 3,554 tCO₂e and total revenues of USD 1,117 millions. This translates into an emissions intensity of 3.18 tCO₂e per millions USD.a
CapitaLand Ascendas REIT's Scope 1 Emissions Intensity Compared to Peers
How does CapitaLand Ascendas REIT's GHG emissions intensity compare to its peers?
In 2024, CapitaLand Ascendas REIT reported a Scope 1 emissions intensity of 3.18 tCO₂e per millions USD. Compared to the peer group median of 2.36, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does CapitaLand Ascendas REIT rank on GHG emissions intensity within its industry?
In 2024, CapitaLand Ascendas REIT ranked 14 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
CapitaLand Ascendas REIT is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into CapitaLand Ascendas REIT's Total Carbon Footprint
In 2024, CapitaLand Ascendas REIT reported a total carbon footprint of 224,992 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.12% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to CapitaLand Ascendas REIT's total carbon footprint was Scope 3 emissions, accounting for 73.47% of the company's total carbon footprint, followed by Scope 2 emissions at 24.95%.a