In 2023, Dream 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).
Dream has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,394a | 2,506a | 2,625a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 2,329a | 1,821a | 1,677a | |
Total Scope 3 | 218a | 250a | 152a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 8.1907a | 9.8664a | 10.1783a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Dream amounted to 4,723 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 2022, the total operational greenhouse gas (GHG) emissions of Dream increased by 9.15%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Dream were 2,394 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Dream's Scope 1 emissions have decreased by 28.02%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Dream's Scope 1 emissions decreased by 4.47%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Dream reported Scope 2 greenhouse gas (GHG) emissions of 2,329 tCO₂e without specifying the calculation method.a
Since 2019, Dream's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 10.64%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Dream's Scope 2 emissions (Unspecified Calculation Method) rose by 27.9% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2023, Dream reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Dream reported 218 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 2023 disclosure of Dream includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Dream reported total Scope 3 emissions of 218 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Dream's Scope 3 emissions have increased by 28.99%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), Dream's Scope 3 emissions decreased by 12.8%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Dream reported emissions for 1 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.
In 2023, the largest contributors to Dream's Scope 3 emissions were:a
In 2023, Dream reported Scope 1 greenhouse gas (GHG) emissions of 2,394 tCO₂e and total revenues of USD 292 millions. This translates into an emissions intensity of 8.19 tCO₂e per millions USD.a
In 2023, Dream reported a Scope 1 emissions intensity of 8.19 tCO₂e per millions USD. Compared to the peer group median of 1.76, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Dream ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Dream among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2023, Dream reported a total carbon footprint of 4,941 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.95% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Dream's total carbon footprint was Scope 1 emissions, accounting for 48.45% of the company's total carbon footprint, followed by Scope 2 emissions at 47.14%.a