In 2023, Grand City Properties 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).
Grand City Properties has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 9,235a | 10,787a |
Total Scope 2 | ||
Market-Based | 972a | 739a |
Location-Based | 21,161a | 23,039a |
Total Scope 3 | 124,858a | 148,167a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 13.7291a | 25.5489a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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 Grand City Properties’s data sources below and access millions more through our Disclosure Search.
In 2023, the total operational greenhouse gas (GHG) emissions of Grand City Properties amounted to 30,396 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 2022, the total operational greenhouse gas (GHG) emissions of Grand City Properties decreased by 10.14%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Grand City Properties were 9,235 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), Grand City Properties's Scope 1 emissions decreased by 14.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Grand City Properties reported Scope 2 greenhouse gas (GHG) emissions of 972 tCO₂e using the market-based method and 21,161 tCO₂e using the location-based method.a
Compared to the previous year (2022), Grand City Properties's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Grand City Properties's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2023, Grand City Properties reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Grand City Properties reported 124,858 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 2023 disclosure of Grand City Properties includes a breakdown across 1 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.a
In 2023, Grand City Properties reported total Scope 3 emissions of 124,858 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2022), Grand City Properties's Scope 3 emissions decreased by 15.73%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2023, Grand City Properties reported emissions for 1 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.
In 2023, the largest contributors to Grand City Properties's Scope 3 emissions were:a
In 2023, Grand City Properties reported Scope 1 greenhouse gas (GHG) emissions of 9,235 tCO₂e and total revenues of USD 673 millions. This translates into an emissions intensity of 13.73 tCO₂e per millions USD.a
In 2023, Grand City Properties reported a Scope 1 emissions intensity of 13.73 tCO₂e per millions USD. Compared to the peer group median of 5.19, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Grand City Properties ranked 15 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Grand City Properties is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Grand City Properties reported a total carbon footprint of 155,254 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.69% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Grand City Properties's total carbon footprint was Scope 3 emissions, accounting for 80.42% of the company's total carbon footprint, followed by Scope 2 emissions at 13.63%.a