Fortress Real Estate Investments Ltd
Fortress's GHG Emissions Data Preview
In 2023, Fortress 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).
Fortress 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 restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Fortress's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Fortress amounted to 10,192 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Fortress increased by 0.62%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Fortress's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Fortress's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Fortress were 2,380 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Fortress reduced its Scope 1 emissions over time?
Since 2018, Fortress's Scope 1 emissions have increased by 168.62%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Fortress's Scope 1 emissions increased by 42.69%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Fortress's Scope 2 emissions?
In 2023, Fortress reported Scope 2 greenhouse gas (GHG) emissions of 7,812 tCOâ‚‚e without specifying the calculation method.
Has Fortress reduced its Scope 2 emissions over time?
Since 2018, Fortress's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 20.73%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Fortress's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Fortress 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Fortress use for Scope 2 reporting?
In 2023, Fortress reported its Scope 2 emissions using an unspecified methodology.
Fortress's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Fortress's Value Chain Emissions
In 2023, Fortress reported 214,081 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Fortress includes a breakdown across 4 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.
Fortress's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Fortress's Scope 3 emissions?
In 2023, Fortress reported total Scope 3 emissions of 214,081 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 1.2% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.8% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Fortress reduced its Scope 3 emissions over time?
Since 2018, Fortress's Scope 3 emissions have decreased by 27.08%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Fortress's Scope 3 emissions decreased by 11.49%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Fortress disclose?
In 2023, Fortress reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Fortress's Scope 3 emissions?
In 2023, the largest contributors to Fortress's Scope 3 emissions were:
- Downstream Leased Assets (Cat. 13): 211,513 tCOâ‚‚e (98.8%)
- Purchased Goods and Services (Cat. 1): 2,344 tCOâ‚‚e (1.09%)
- Business Travel (Cat. 6): 138 tCOâ‚‚e (0.06%)
Fortress's Scope 3 Emissions by Categories
Insights into Fortress's Total Carbon Footprint
In 2023, Fortress reported a total carbon footprint of 224,273 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.01% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Fortress's total carbon footprint was Scope 3 emissions, accounting for 95.46% of the company's total carbon footprint, followed by Scope 2 emissions at 3.48%.