Growthpoint Properties Ltd

Common Name
Growthpoint Properties
Country
South Africa
Sector
Real Estate
Industry
REIT - Diversified
Employees
N/A
Ticker
GRT
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Growthpoint Properties Ltd. is a prominent real estate investment trust (REIT) based in South Africa. It specializes in the acquisition, development, and management of a diverse portfolio of commercia...

Growthpoint Properties's GHG Emissions Data Preview

In 2023, Growthpoint 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).

Growthpoint Properties has also provided a category-level breakdown for 6 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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Total Scope 2
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 Growthpoint Properties's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Growthpoint Properties amounted to 61,288.84 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 2022, the total operational greenhouse gas (GHG) emissions of Growthpoint Properties increased by 16.79%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Growthpoint Properties's Scope 1 Emissions Over Time

2022202305 k10 k15 k20 ktCO2e+330%
  • Total Scope 1
  • Year-over-Year Change

What are Growthpoint Properties's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Growthpoint Properties were 18,487.34 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Growthpoint Properties's Scope 1 emissions increased by 330.36%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Growthpoint Properties's Scope 2 emissions?

In 2023, Growthpoint Properties reported Scope 2 greenhouse gas (GHG) emissions of 42,801.5 tCOâ‚‚e using the location-based method.

Has Growthpoint Properties reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Growthpoint Properties's Scope 2 emissions (Location-Based) fell by 11.17% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Growthpoint Properties use for Scope 2 reporting?

In 2023, Growthpoint Properties reported its Scope 2 emissions using the location-based method.

Growthpoint Properties's Scope 2 Emissions Over Time

20222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based

Insights into Growthpoint Properties's Value Chain Emissions

In 2023, Growthpoint Properties reported 536,682.11 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 2023 disclosure of Growthpoint Properties includes a breakdown across 6 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.

Growthpoint Properties's Scope 3 Emissions Over Time

202220230200 k400 k600 k800 ktCO2e-11%
  • Total Scope 3
  • Year-over-Year Change

What are Growthpoint Properties's Scope 3 emissions?

In 2023, Growthpoint Properties reported total Scope 3 emissions of 536,682.11 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 2.39% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.61% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Growthpoint Properties's Scope 3 emissions decreased by 11.41%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Growthpoint Properties disclose?

In 2023, Growthpoint Properties reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Growthpoint Properties's Scope 3 emissions?

In 2023, the largest contributors to Growthpoint Properties's Scope 3 emissions were:

  • Downstream Leased Assets (Cat. 13): 523,843.68 tCOâ‚‚e (97.61%)
  • Waste Generated in Operations (Cat. 5): 8,581.51 tCOâ‚‚e (1.6%)
  • Purchased Goods and Services (Cat. 1): 2,845.12 tCOâ‚‚e (0.53%)

Growthpoint Properties's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(1.6%)Downstream LeasedAssets (Cat. 13)(97.6%)

Insights into Growthpoint Properties's Total Carbon Footprint

In 2023, Growthpoint Properties reported a total carbon footprint of 597,970.95 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.16% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Growthpoint Properties's total carbon footprint was Scope 3 emissions, accounting for 89.75% of the company's total carbon footprint, followed by Scope 2 emissions at 7.16%.

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