Goodman Group

Country
Australia
Sector
Real Estate
Industry
REIT - Diversified
Employees
900
Ticker
GMG
Exchange
ASX
Description
Goodman Group, a real estate investment trust (REIT), is renowned for its focus on the development and management of industrial properties. Specializing in logistics facilities, warehouses, and busine...

Goodman Group's GHG Emissions Data Preview

In 2025, Goodman Group 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).

However, Goodman Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
0000000
Total Scope 3
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Goodman Group’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 Goodman Group’s data sources below and access millions more through our Disclosure Search.

a. Goodman Group's Annual Report 2025
a. Goodman Group's Annual Report 2025
b. Goodman Group's Annual Report 2023
b. Goodman Group's Annual Report 2023

Insights into Goodman Group's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Goodman Group amounted to 46,185 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 2024, the total operational greenhouse gas (GHG) emissions of Goodman Group increased by 2.4%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Goodman Group's Scope 1 Emissions Over Time

2021202220232024202501.5 k3 k4.5 k6 ktCO2e-6%+12%+47%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Goodman Group's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Goodman Group were 5,388 metric tons of CO₂ equivalent (tCO₂e). a

Has Goodman Group reduced its Scope 1 emissions over time?

Since 2021, Goodman Group's Scope 1 emissions have increased by 62.63%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2024), Goodman Group's Scope 1 emissions increased by 4.6%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Goodman Group's Scope 2 emissions?

In 2025, Goodman Group reported Scope 2 greenhouse gas (GHG) emissions of 203 tCO₂e using the market-based method and 40,797 tCO₂e using the location-based method. a

Has Goodman Group reduced its Scope 2 emissions over time?

Since 2021, Goodman Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 10.07%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2024), Goodman Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Goodman Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Goodman Group use for Scope 2 reporting?

In 2025, Goodman Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Goodman Group's Scope 2 Emissions Over Time

20212022202320242025015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Goodman Group's Value Chain Emissions

In 2025, Goodman Group reported 27,560 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 2025 disclosure of Goodman Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Goodman Group's Scope 3 Emissions Over Time

2021202220232024202507 k14 k21 k28 ktCO2e-29%+47%+86%+12%
  • Total Scope 3
  • Year-over-Year Change

What are Goodman Group's Scope 3 emissions?

In 2025, Goodman Group reported total Scope 3 emissions of 27,560 metric tons of CO₂ equivalent (tCO₂e). a

Has Goodman Group reduced its Scope 3 emissions over time?

Since 2021, Goodman Group's Scope 3 emissions have increased by 119.03%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2024), Goodman Group's Scope 3 emissions increased by 12.1%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into Goodman Group’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Goodman Group reported Scope 1 greenhouse gas (GHG) emissions of 5,388 tCO₂e and total revenues of USD 1,453 millions. This translates into an emissions intensity of 3.71 tCO₂e per millions USD. a

Goodman Group's Scope 1 Emissions Intensity Compared to Peers

101001,00010,00050,000Scope 1 Emissions (tCO2e)201005002,00010,000Revenues (Millions of USD)SJCCovivioYear: 2024Scope 1: 9,916 tCO2eRevenue: $M 1,327Scope 1 Intensity: 7.47 tCO2e/$MScentre GroupYear: 2024Scope 1: 10,211 tCO2eRevenue: $M 1,635Scope 1 Intensity: 6.24 tCO2e/$MGrowthpoint PropertiesYear: 2023Scope 1: 18,487 tCO2eRevenue: $M 729Scope 1 Intensity: 25.37 tCO2e/$MEmpire State Realty TrustYear: 2023Scope 1: 3,178 tCO2eRevenue: $M 740Scope 1 Intensity: 4.30 tCO2e/$MWP CareyYear: 2024Scope 1: 4,800 tCO2eRevenue: $M 1,583Scope 1 Intensity: 3.03 tCO2e/$MParis Realty FundYear: 2024Scope 1: 42 tCO2eRevenue: $M 34Scope 1 Intensity: 1.23 tCO2e/$MMirvac GroupYear: 2025Scope 1: 9,371 tCO2eRevenue: $M 1,609Scope 1 Intensity: 5.82 tCO2e/$Mİş GYOYear: 2023Scope 1: 392 tCO2eRevenue: $M 42Scope 1 Intensity: 9.23 tCO2e/$MSSSuntec REITYear: 2023Scope 1: 1,637 tCO2eRevenue: $M 351Scope 1 Intensity: 4.66 tCO2e/$MGPT GroupYear: 2024Scope 1: 6,590 tCO2eRevenue: $M 613Scope 1 Intensity: 10.75 tCO2e/$MBroadstone Net LeaseYear: 2024Scope 1: 361 tCO2eRevenue: $M 432Scope 1 Intensity: 0.84 tCO2e/$MIIFYear: 2023Scope 1: 24,149 tCO2eRevenue: $M 254Scope 1 Intensity: 94.97 tCO2e/$MVICI PropertiesYear: 2023Scope 1: 524 tCO2eRevenue: $M 3,611Scope 1 Intensity: 0.15 tCO2e/$MKiwi Property GroupYear: 2025Scope 1: 277 tCO2eRevenue: $M 147Scope 1 Intensity: 1.88 tCO2e/$MJJJapan Prime Realty InvestmentYear: 2023Scope 1: 1,440 tCO2eRevenue: $M 252Scope 1 Intensity: 5.72 tCO2e/$MUnite GroupYear: 2024Scope 1: 10,914 tCO2eRevenue: $M 376Scope 1 Intensity: 29.06 tCO2e/$MEmira Property FundYear: 2024Scope 1: 5,052 tCO2eRevenue: $M 100Scope 1 Intensity: 50.39 tCO2e/$MAxis-REITYear: 2023Scope 1: 29 tCO2eRevenue: $M 63Scope 1 Intensity: 0.46 tCO2e/$MBurstone GroupYear: 2023Scope 1: 4,640 tCO2eRevenue: $M 82Scope 1 Intensity: 56.64 tCO2e/$MCCCapitaLand Ascott TrustYear: 2024Scope 1: 3,224 tCO2eRevenue: $M 594Scope 1 Intensity: 5.43 tCO2e/$MCharter Hall GroupYear: 2023Scope 1: 8,919 tCO2eRevenue: $M 523Scope 1 Intensity: 17.04 tCO2e/$MLand Securities GroupYear: 2025Scope 1: 10,330 tCO2eRevenue: $M 1,076Scope 1 Intensity: 9.60 tCO2e/$MDaiwa House REIT InvestmentYear: 2024Scope 1: 190 tCO2eRevenue: $M 427Scope 1 Intensity: 0.44 tCO2e/$MStockland CorporationYear: 2024Scope 1: 1,905 tCO2eRevenue: $M 1,994Scope 1 Intensity: 0.96 tCO2e/$MGoodman GroupYear: 2025Scope 1: 5,388 tCO2eRevenue: $M 1,453Scope 1 Intensity: 3.71 tCO2e/$M

How does Goodman Group's GHG emissions intensity compare to its peers?

In 2025, Goodman Group reported a Scope 1 emissions intensity of 3.71 tCO₂e per millions USD. Compared to the peer group median of 5.77 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Goodman Group rank on GHG emissions intensity within its industry?

In 2025, Goodman Group ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Goodman Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Goodman Group's Total Carbon Footprint

In 2025, Goodman Group reported a total carbon footprint of 73,745 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.82% increase compared to 2024, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Goodman Group's total carbon footprint was Scope 2 emissions, accounting for 55.32% of the company's total carbon footprint, followed by Scope 3 emissions at 37.37%. a

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