Redefine Properties Ltd

Common Name
Redefine Properties
Country
South Africa
Sector
Real Estate
Industry
REIT - Diversified
Employees
N/A
Ticker
RDF
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Redefine Properties Limited is a diversified real estate investment trust (REIT) that focuses on owning and managing a wide array of property assets. The company's primary purpose is to provide invest...

Redefine Properties's Climate Target Data Preview

As of 2023, Redefine Properties has disclosed 10 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 10 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Redefine Properties ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target*
Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2035
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2035
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2050
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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b
2050
Absolute-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
b
2050
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Redefine Properties’s Climate Targets 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 Redefine Properties’s data sources below and access millions more through our Disclosure Search.

a. Redefine Properties's ESG Report 2023
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b. Redefine Properties's ESG Investor Presentation 2023
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Insights into Redefine Properties's Greenhouse Gas Emissions Pathways

As of 2023, Redefine Properties has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b

Does Redefine Properties have a target to reduce the emissions from its operations?

As of 2023, Redefine Properties has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Redefine Properties's most ambitious operational target is to reduce these emissions by 67.2% by 2035, compared to a baseline of 35,162 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Instead of reducing operational emissions, Redefine Properties has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a

Redefine Properties's Operational (Scope 1+2) Emissions Pathway

201920232035015 k30 k45 k60 kBaselineCurrent (+40%)Target 2035 (-67%)

Does Redefine Properties have a target to reduce the emissions from its value chain?

As of 2023, Redefine Properties has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a b

Redefine Properties's most ambitious value chain target is to reduce these emissions by 67.2% by 2035, compared to a baseline of 678,096 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a b

As of 2023, Redefine Properties is ahead of schedule on its value chain emissions reduction target, having achieved 40.86% of the planned reduction. a b

Redefine Properties's Value Chain (Scope 3) Emissions Pathway

2019202320350200 k400 k600 k800 kBaselineCurrent (-27%)Target 2035 (-67%)

Does Redefine Properties have a target to reduce its total carbon footprint?

As of 2023, Redefine Properties has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Redefine Properties's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 713,258 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 90% by 2050. a

As of 2023, Redefine Properties is ahead of schedule on its total carbon footprint reduction target, having achieved 26.84% of the planned reduction. a

Redefine Properties's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201920232025203020500200 k400 k600 k800 kBaselineCurrent (-24%)Target 2030 (-42%)Target 2050 (-90%)
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