In 2024, SmartCentres 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).
However, SmartCentres has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 4,336a | 4,002a | 4,829a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 2,520a | 2,753a | 3,419a | |
Total Scope 3 | 86,741a | 45,298a | 2,103a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 6.7918a | 6.3483a | 8.1231a |
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In 2024, the total operational greenhouse gas (GHG) emissions of SmartCentres amounted to 6,856 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 SmartCentres increased by 1.5%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of SmartCentres were 4,336 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, SmartCentres's Scope 1 emissions have decreased by 10.21%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), SmartCentres's Scope 1 emissions increased by 8.35%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, SmartCentres reported Scope 2 greenhouse gas (GHG) emissions of 2,520 tCO₂e without specifying the calculation method.a
Since 2022, SmartCentres's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 26.29%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), SmartCentres's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that SmartCentres's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, SmartCentres reported its Scope 2 emissions using an unspecified methodology.a
In 2024, SmartCentres reported 86,741 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 SmartCentres includes a breakdown across 0 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
In 2024, SmartCentres reported total Scope 3 emissions of 86,741 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, SmartCentres's Scope 3 emissions have increased by 4,024.63%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), SmartCentres's Scope 3 emissions increased by 91.49%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, SmartCentres reported Scope 1 greenhouse gas (GHG) emissions of 4,336 tCO₂e and total revenues of USD 638 millions. This translates into an emissions intensity of 6.79 tCO₂e per millions USD.a
In 2024, SmartCentres reported a Scope 1 emissions intensity of 6.79 tCO₂e per millions USD. Compared to the peer group median of 3.97, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, SmartCentres ranked 18 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places SmartCentres among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, SmartCentres reported a total carbon footprint of 93,597 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 79.81% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to SmartCentres's total carbon footprint was Scope 3 emissions, accounting for 92.67% of the company's total carbon footprint, followed by Scope 1 emissions at 4.63%.a