Mindspace Business Parks REIT
Mindspace Business Parks REIT's GHG Emissions Data Preview
In 2024, Mindspace Business Parks 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).
Mindspace Business Parks REIT has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Mindspace Business Parks REIT’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 Mindspace Business Parks REIT’s data sources below and access millions more through our Disclosure Search.
Insights into Mindspace Business Parks REIT's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Mindspace Business Parks REIT amounted to 56,637 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 Mindspace Business Parks REIT decreased by 19.89%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Mindspace Business Parks REIT's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Mindspace Business Parks REIT's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Mindspace Business Parks REIT were 1,341 metric tons of CO₂ equivalent (tCO₂e). a
Has Mindspace Business Parks REIT reduced its Scope 1 emissions over time?
Since 2020, Mindspace Business Parks REIT's Scope 1 emissions have decreased by 40.85%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), Mindspace Business Parks REIT's Scope 1 emissions decreased by 23.59%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Mindspace Business Parks REIT's Scope 2 emissions?
In 2024, Mindspace Business Parks REIT reported Scope 2 greenhouse gas (GHG) emissions of 55,296 tCO₂e without specifying the calculation method. a
Has Mindspace Business Parks REIT reduced its Scope 2 emissions over time?
Since 2020, Mindspace Business Parks REIT's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 30.27%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), Mindspace Business Parks REIT's Scope 2 emissions (Unspecified Calculation Method) fell by 19.79% 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 Mindspace Business Parks REIT use for Scope 2 reporting?
In 2024, Mindspace Business Parks REIT reported its Scope 2 emissions using an unspecified methodology. a
Mindspace Business Parks REIT's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Mindspace Business Parks REIT's Value Chain Emissions
In 2024, Mindspace Business Parks REIT reported 258,291 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 Mindspace Business Parks REIT includes a breakdown across 8 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
Mindspace Business Parks REIT's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Mindspace Business Parks REIT's Scope 3 emissions?
In 2024, Mindspace Business Parks REIT reported total Scope 3 emissions of 258,291 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 52% of these emissions originated from upstream activities such as purchased goods and capital goods, while 48% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Mindspace Business Parks REIT's Scope 3 emissions increased by 11.78%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Mindspace Business Parks REIT disclose?
In 2024, Mindspace Business Parks REIT reported emissions for 8 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.
What are the main sources of Mindspace Business Parks REIT's Scope 3 emissions?
In 2024, the largest contributors to Mindspace Business Parks REIT's Scope 3 emissions were: a
- Downstream Leased Assets (Cat. 13): 123,984 tCO₂e (48%)
- Purchased Goods and Services (Cat. 1): 101,668 tCO₂e (39.36%)
- Fuel- and Energy-Related Services (Cat. 3): 31,915 tCO₂e (12.36%)
Mindspace Business Parks REIT's Scope 3 Emissions by Categories
Insights into Mindspace Business Parks REIT’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Mindspace Business Parks REIT reported Scope 1 greenhouse gas (GHG) emissions of 1,341 tCO₂e and total revenues of USD 286 millions. This translates into an emissions intensity of 4.69 tCO₂e per millions USD. a
Mindspace Business Parks REIT's Scope 1 Emissions Intensity Compared to Peers
How does Mindspace Business Parks REIT's GHG emissions intensity compare to its peers?
In 2024, Mindspace Business Parks REIT reported a Scope 1 emissions intensity of 4.69 tCO₂e per millions USD. Compared to the peer group median of 4.4 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Mindspace Business Parks REIT rank on GHG emissions intensity within its industry?
In 2024, Mindspace Business Parks REIT ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Mindspace Business Parks REIT is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Mindspace Business Parks REIT's Total Carbon Footprint
In 2024, Mindspace Business Parks REIT reported a total carbon footprint of 314,928 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.36% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Mindspace Business Parks REIT's total carbon footprint was Scope 3 emissions, accounting for 82.02% of the company's total carbon footprint, followed by Scope 2 emissions at 17.56%. a