In 2023, MEL REIT 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).
MEL REIT has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of MEL REIT amounted to 1 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 MEL REIT decreased by 99.88%, 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 MEL REIT were 1 metric tons of CO₂ equivalent (tCO₂e). a
In 2023, MEL REIT reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method. a
Since 2021, MEL REIT's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 100%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), MEL REIT's Scope 2 emissions (Market-Based) fell by 100% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, MEL REIT reported its Scope 2 emissions using the market-based method. a
In 2023, MEL REIT reported 20,632 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 MEL REIT includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2023, MEL REIT reported total Scope 3 emissions of 20,632 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 32.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 67.35% came from downstream activities like product use, distribution, and end-of-life treatment. a
In 2023, MEL REIT reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2023, the largest contributors to MEL REIT's Scope 3 emissions were: a
In 2023, MEL REIT reported Scope 1 greenhouse gas (GHG) emissions of 1 tCO₂e and total revenues of USD 100 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD. a
In 2023, MEL REIT reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 4.67 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2023, MEL REIT ranked 1 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places MEL REIT among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2023, MEL REIT reported a total carbon footprint of 20,633 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2,299.19% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to MEL REIT's total carbon footprint was Scope 3 emissions, accounting for 100% of the company's total carbon footprint, followed by Scope 1 emissions at 0%. a