Kiwi Property Group Ltd

Common Name
Kiwi Property Group
Country
New Zealand
Sector
Real Estate
Industry
REIT - Diversified
Employees
161
Ticker
KPG
Exchange
NZX
Description
Kiwi Property Group Ltd. is a prominent real estate investment trust (REIT) based in New Zealand. The company's primary function is to own, develop, and manage a diverse portfolio of prime retail and ...

Kiwi Property Group's GHG Emissions Data Preview

In 2024, Kiwi Property 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).

Kiwi Property Group has also provided a category-level breakdown for 3 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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b
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Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000

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Insights into Kiwi Property Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Kiwi Property Group amounted to 1,054.98 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 Kiwi Property Group decreased by 33.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Kiwi Property Group's Scope 1 Emissions Over Time

2018201920212022202320240200400600800tCO2e+33%-32%-4%+144%-48%
  • Total Scope 1
  • Year-over-Year Change

What are Kiwi Property Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Kiwi Property Group were 327.72 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Kiwi Property Group reduced its Scope 1 emissions over time?

Since 2018, Kiwi Property Group's Scope 1 emissions have increased by 9.97%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Kiwi Property Group's Scope 1 emissions decreased by 47.8%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Kiwi Property Group's Scope 2 emissions?

In 2024, Kiwi Property Group reported Scope 2 greenhouse gas (GHG) emissions of 644.14 tCOâ‚‚e using the market-based method and 727.26 tCOâ‚‚e using the location-based method. a

Has Kiwi Property Group reduced its Scope 2 emissions over time?

Since 2018, Kiwi Property Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 30.34%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Kiwi Property Group's Scope 2 emissions (Location-Based) fell by 25.06% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Kiwi Property Group use for Scope 2 reporting?

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

Kiwi Property Group's Scope 2 Emissions Over Time

20182019202120222023202404509001.35 k1.8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Kiwi Property Group's Value Chain Emissions

In 2024, Kiwi Property Group reported 796.21 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Kiwi Property Group includes a breakdown across 1 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. a

Kiwi Property Group's Scope 3 Emissions Over Time

20182019202120222023202403507001.05 k1.4 ktCO2e-24%-37%+40%-4%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Kiwi Property Group's Scope 3 emissions?

In 2024, Kiwi Property Group reported total Scope 3 emissions of 796.21 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). 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 Kiwi Property Group reduced its Scope 3 emissions over time?

Since 2018, Kiwi Property Group's Scope 3 emissions have decreased by 37.84%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

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

What categories of Scope 3 emissions does Kiwi Property Group disclose?

In 2024, Kiwi Property Group 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.

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

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

  • Business Travel (Cat. 6): 106.44 tCOâ‚‚e (100%)

Kiwi Property Group's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Kiwi Property Group's Total Carbon Footprint

In 2024, Kiwi Property Group reported a total carbon footprint of 1,851.19 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 23.57% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Kiwi Property Group's total carbon footprint was Scope 3 emissions, accounting for 43.01% of the company's total carbon footprint, followed by Scope 2 emissions at 39.29%. a

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