Fortress Real Estate Investments Ltd
Fortress's GHG Emissions Data Preview
In 2024, 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 5 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 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 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 |
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aVerified Sources Behind Fortress’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 Fortress’s data sources below and access millions more through our Disclosure Search.
Insights into Fortress's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Fortress amounted to 7,393 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 Fortress decreased by 27.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Fortress's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Fortress's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Fortress were 2,469 metric tons of CO₂ equivalent (tCO₂e).a
Has Fortress reduced its Scope 1 emissions over time?
Since 2019, Fortress's Scope 1 emissions have increased by 1,022.27%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Fortress's Scope 1 emissions increased by 3.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Fortress's Scope 2 emissions?
In 2024, Fortress reported Scope 2 greenhouse gas (GHG) emissions of 4,924 tCO₂e without specifying the calculation method.a
Has Fortress reduced its Scope 2 emissions over time?
Since 2019, Fortress's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 32.27%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Fortress's Scope 2 emissions (Unspecified Calculation Method) fell by 36.97% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Fortress use for Scope 2 reporting?
In 2024, Fortress reported its Scope 2 emissions using an unspecified methodology.a
Fortress's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Fortress's Value Chain Emissions
In 2024, Fortress reported 218,557 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 Fortress includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Fortress's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Fortress's Scope 3 emissions?
In 2024, Fortress reported total Scope 3 emissions of 218,557 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0.56% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.44% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Fortress reduced its Scope 3 emissions over time?
Since 2019, Fortress's Scope 3 emissions have decreased by 31.97%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Fortress's Scope 3 emissions remained relatively stable, indicating that Fortress's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Fortress disclose?
In 2024, Fortress reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Fortress's Scope 3 emissions?
In 2024, the largest contributors to Fortress's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 214,876 tCO₂e (99.44%)
- Waste Generated in Operations (Cat. 5): 506 tCO₂e (0.23%)
- Fuel- and Energy-Related Services (Cat. 3): 447 tCO₂e (0.21%)
Fortress's Scope 3 Emissions by Categories
Insights into Fortress’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Fortress reported Scope 1 greenhouse gas (GHG) emissions of 2,469 tCO₂e and total revenues of USD 241 millions. This translates into an emissions intensity of 10.25 tCO₂e per millions USD.a
Fortress's Scope 1 Emissions Intensity Compared to Peers
How does Fortress's GHG emissions intensity compare to its peers?
In 2024, Fortress reported a Scope 1 emissions intensity of 10.25 tCO₂e per millions USD. Compared to the peer group median of 4.7, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Fortress rank on GHG emissions intensity within its industry?
In 2024, Fortress ranked 15 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Fortress is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Fortress's Total Carbon Footprint
In 2024, Fortress reported a total carbon footprint of 225,950 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.75% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Fortress's total carbon footprint was Scope 3 emissions, accounting for 96.73% of the company's total carbon footprint, followed by Scope 2 emissions at 2.18%.a