GPT Group

Country
Australia
Sector
Real Estate
Industry
REIT - Diversified
Employees
N/A
Ticker
GPT
Exchange
ASX
Description
GPT Group is a prominent real estate investment trust (REIT) based in Australia, focusing on the ownership, management, and development of a diversified portfolio of high-quality properties. Its prima...

GPT Group's GHG Emissions Data Preview

In 2024, GPT 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).

GPT Group has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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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b
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b
0000000
Total Scope 3
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a
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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 GPT 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 GPT Group’s data sources below and access millions more through our Disclosure Search.

a. GPT Group's ESG Data Spreadsheet 2024
a. GPT Group's ESG Data Spreadsheet 2024
b. GPT Group's ESG Data Spreadsheet 2023
b. GPT Group's ESG Data Spreadsheet 2023

Insights into GPT Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of GPT Group amounted to 86,718 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 GPT Group decreased by 5.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

GPT Group's Scope 1 Emissions Over Time

201820192020202120222023202403 k6 k9 k12 ktCO2e+5%-32%+12%+13%-14%-12%
  • Total Scope 1
  • Year-over-Year Change

What are GPT Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of GPT Group were 6,590 metric tons of CO₂ equivalent (tCO₂e). a

Has GPT Group reduced its Scope 1 emissions over time?

Since 2018, GPT Group's Scope 1 emissions have decreased by 31.96%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), GPT Group's Scope 1 emissions decreased by 11.99%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are GPT Group's Scope 2 emissions?

In 2024, GPT Group reported Scope 2 greenhouse gas (GHG) emissions of 21,357 tCO₂e using the market-based method and 80,128 tCO₂e using the location-based method. a

Has GPT Group reduced its Scope 2 emissions over time?

Since 2018, GPT Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 41.44%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), GPT Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that GPT Group 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does GPT Group use for Scope 2 reporting?

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

GPT Group's Scope 2 Emissions Over Time

2018201920202021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into GPT Group's Value Chain Emissions

In 2024, GPT Group reported 24,496 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 GPT Group includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

GPT Group's Scope 3 Emissions Over Time

2018201920202021202220232024010 k20 k30 k40 ktCO2e-11%-33%-5%+12%-2%0%
  • Total Scope 3
  • Year-over-Year Change

What are GPT Group's Scope 3 emissions?

In 2024, GPT Group reported total Scope 3 emissions of 24,496 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has GPT Group reduced its Scope 3 emissions over time?

Since 2018, GPT Group's Scope 3 emissions have decreased by 38.19%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), GPT Group's Scope 3 emissions remained relatively stable, indicating that GPT Group 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does GPT Group disclose?

In 2024, GPT Group reported emissions for 2 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.

What are the main sources of GPT Group's Scope 3 emissions?

In 2024, the largest contributors to GPT Group's Scope 3 emissions were: a

  • Waste Generated in Operations (Cat. 5): 21,133 tCO₂e (86.27%)
  • Fuel- and Energy-Related Services (Cat. 3): 3,363 tCO₂e (13.73%)

GPT Group's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(86.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(13.7%)

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

In 2024, GPT Group reported Scope 1 greenhouse gas (GHG) emissions of 6,590 tCO₂e and total revenues of USD 613 millions. This translates into an emissions intensity of 10.75 tCO₂e per millions USD. a

GPT Group's Scope 1 Emissions Intensity Compared to Peers

2202005,00050,000Scope 1 Emissions (tCO2e)201005002,00010,000Revenues (Millions of USD)SJCMitsui Fudosan Logistics ParkYear: 2022Scope 1: 15 tCO2eRevenue: $M 150Scope 1 Intensity: 0.10 tCO2e/$MRedefine PropertiesYear: 2023Scope 1: 20,937 tCO2eRevenue: $M 525Scope 1 Intensity: 39.88 tCO2e/$MGrowthpoint PropertiesYear: 2023Scope 1: 18,487 tCO2eRevenue: $M 729Scope 1 Intensity: 25.37 tCO2e/$MUnited Urban InvestmentYear: 2024Scope 1: 3,000 tCO2eRevenue: $M 358Scope 1 Intensity: 8.37 tCO2e/$MGoodman GroupYear: 2025Scope 1: 5,388 tCO2eRevenue: $M 1,453Scope 1 Intensity: 3.71 tCO2e/$MIcadeYear: 2024Scope 1: 2 tCO2eRevenue: $M 1,538Scope 1 Intensity: 0.00 tCO2e/$MFibra Uno Administracion SCYear: 2024Scope 1: 621 tCO2eRevenue: $M 1,355Scope 1 Intensity: 0.46 tCO2e/$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: $M 351Scope 1 Intensity: 4.66 tCO2e/$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: $M 1,994Scope 1 Intensity: 0.96 tCO2e/$MGPT GroupYear: 2024Scope 1: 6,590 tCO2eRevenue: $M 613Scope 1 Intensity: 10.75 tCO2e/$M

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

In 2024, GPT Group reported a Scope 1 emissions intensity of 10.75 tCO₂e per millions USD. Compared to the peer group median of 5.58 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, GPT Group ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into GPT Group's Total Carbon Footprint

In 2024, GPT Group reported a total carbon footprint of 111,214 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.38% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to GPT Group's total carbon footprint was Scope 2 emissions, accounting for 72.05% of the company's total carbon footprint, followed by Scope 3 emissions at 22.03%. a

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