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 2024, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Goodman Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Goodman Group amounted to 35,858 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 2023, the total operational greenhouse gas (GHG) emissions of Goodman Group decreased by 1.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Goodman Group's Scope 1 Emissions Over Time

202120222023202409001.8 k2.7 k3.6 ktCO2e-6%+12%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Goodman Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Goodman Group were 3,429 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Goodman Group reduced its Scope 1 emissions over time?

Since 2021, Goodman Group's Scope 1 emissions have increased by 3.5%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Goodman Group's Scope 1 emissions decreased by 1.8%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Goodman Group's Scope 2 emissions?

In 2024, Goodman Group reported Scope 2 greenhouse gas (GHG) emissions of 2,548 tCOâ‚‚e using the market-based method, and 32,429 tCOâ‚‚e using the location-based method.

Has Goodman Group reduced its Scope 2 emissions over time?

Since 2021, Goodman Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 12.51%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), 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.

What methodology does Goodman Group use for Scope 2 reporting?

In 2024, Goodman Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Goodman Group's Scope 2 Emissions Over Time

202120222023202409.5 k19 k28.5 k38 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Goodman Group's Value Chain Emissions

In 2024, Goodman Group reported 15,855 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 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Goodman Group's Scope 3 Emissions Over Time

202120222023202404 k8 k12 k16 ktCO2e-29%+47%+20%
  • Total Scope 3
  • Year-over-Year Change

What are Goodman Group's Scope 3 emissions?

In 2024, Goodman Group reported total Scope 3 emissions of 15,855 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Goodman Group reduced its Scope 3 emissions over time?

Since 2021, Goodman Group's Scope 3 emissions have increased by 26%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Goodman Group's Scope 3 emissions increased by 20.27%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Goodman Group's Total Carbon Footprint

In 2024, Goodman Group reported a total carbon footprint of 51,713 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.38% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Goodman Group's total carbon footprint was Scope 2 emissions, accounting for 62.71% of the company's total carbon footprint, followed by Scope 3 emissions at 30.66%.

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