Redefine Properties Ltd
Redefine Properties's GHG Emissions Data Preview
In 2023, Redefine 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).
Redefine Properties has also provided a category-level breakdown for 7 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 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind Redefine Properties’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 Redefine Properties’s data sources below and access millions more through our Disclosure Search.
Insights into Redefine Properties's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Redefine Properties amounted to 49,083 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 Redefine Properties increased by 30.71%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Redefine Properties's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Redefine Properties's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Redefine Properties were 20,937 metric tons of CO₂ equivalent (tCO₂e).a
Has Redefine Properties reduced its Scope 1 emissions over time?
Since 2019, Redefine Properties's Scope 1 emissions have increased by 470.8%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), Redefine Properties's Scope 1 emissions increased by 369.65%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Redefine Properties's Scope 2 emissions?
In 2023, Redefine Properties reported Scope 2 greenhouse gas (GHG) emissions of 28,146 tCO₂e using the location-based method.a
Has Redefine Properties reduced its Scope 2 emissions over time?
Since 2019, Redefine Properties's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 10.63%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2022), Redefine Properties's Scope 2 emissions (Location-Based) fell by 14.95% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Redefine Properties use for Scope 2 reporting?
In 2023, Redefine Properties reported its Scope 2 emissions using the location-based method.a
Redefine Properties's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Redefine Properties's Value Chain Emissions
In 2023, Redefine Properties reported 491,869 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 Redefine Properties includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Redefine Properties's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Redefine Properties's Scope 3 emissions?
In 2023, Redefine Properties reported total Scope 3 emissions of 491,869 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 12.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 87.99% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Redefine Properties reduced its Scope 3 emissions over time?
Since 2019, Redefine Properties's Scope 3 emissions have decreased by 27.46%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), Redefine Properties's Scope 3 emissions remained relatively stable, indicating that Redefine Properties's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Redefine Properties disclose?
In 2023, Redefine Properties reported emissions for 7 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 Redefine Properties's Scope 3 emissions?
In 2023, the largest contributors to Redefine Properties's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 397,365 tCO₂e (80.79%)
- Fuel- and Energy-Related Services (Cat. 3): 54,491 tCO₂e (11.08%)
- Investments (Cat. 15): 35,438 tCO₂e (7.2%)
Redefine Properties's Scope 3 Emissions by Categories
Insights into Redefine Properties’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Redefine Properties reported Scope 1 greenhouse gas (GHG) emissions of 20,937 tCO₂e and total revenues of USD 525 millions. This translates into an emissions intensity of 39.88 tCO₂e per millions USD.a
Redefine Properties's Scope 1 Emissions Intensity Compared to Peers
How does Redefine Properties's GHG emissions intensity compare to its peers?
In 2023, Redefine Properties reported a Scope 1 emissions intensity of 39.88 tCO₂e per millions USD. Compared to the peer group median of 6.65, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Redefine Properties rank on GHG emissions intensity within its industry?
In 2023, Redefine Properties ranked 23 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Redefine Properties among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Redefine Properties's Total Carbon Footprint
In 2023, Redefine Properties reported a total carbon footprint of 540,952 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.79% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Redefine Properties's total carbon footprint was Scope 3 emissions, accounting for 90.93% of the company's total carbon footprint, followed by Scope 2 emissions at 5.2%.a