Sunway Real Estate Investment Trust

Common Name
Sunway REIT
Country
Malaysia
Sector
Real Estate
Industry
REIT - Retail
Employees
21
Ticker
SUNREIT
Exchange
BURSA MALAYSIA
Description
Sunway Real Estate Investment Trust is a prominent investment vehicle operating within Malaysia's real estate sector. It primarily aims to manage and invest in a diversified portfolio of income-genera...

Sunway REIT's GHG Emissions Data Preview

In 2023, Sunway 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).

Sunway REIT has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 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.
0000000
Download Data

Verified Sources Behind Sunway 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 Sunway REIT’s data sources below and access millions more through our Disclosure Search.

a. Sunway REIT's Sustainability Report 2023
a. Sunway REIT's Sustainability Report 2023
b. Sunway REIT's Integrated Report 2022
b. Sunway REIT's Integrated Report 2022

Insights into Sunway REIT's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sunway REIT amounted to 51,277.4 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 Sunway REIT decreased by 9.88%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Sunway REIT's Scope 1 Emissions Over Time

2018201920202021202220230255075100tCO2e+7950%+437%-34%+30%-81%
  • Total Scope 1
  • Year-over-Year Change

What are Sunway REIT's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sunway REIT were 13.9 metric tons of CO₂ equivalent (tCO₂e). a

Has Sunway REIT reduced its Scope 1 emissions over time?

Since 2018, Sunway REIT's Scope 1 emissions have increased by 6,850%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Sunway REIT's Scope 1 emissions decreased by 81.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Sunway REIT's Scope 2 emissions?

In 2023, Sunway REIT reported Scope 2 greenhouse gas (GHG) emissions of 51,263.5 tCO₂e without specifying the calculation method. a

Has Sunway REIT reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Sunway REIT's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sunway REIT 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Sunway REIT use for Scope 2 reporting?

In 2023, Sunway REIT reported its Scope 2 emissions using an unspecified methodology. a

Sunway REIT's Scope 2 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sunway REIT's Value Chain Emissions

In 2023, Sunway REIT reported 722,814 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 Sunway REIT includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Sunway REIT's Scope 3 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e+507%-32%-13%+46%+11%
  • Total Scope 3
  • Year-over-Year Change

What are Sunway REIT's Scope 3 emissions?

In 2023, Sunway REIT reported total Scope 3 emissions of 722,814 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.93% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.07% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Sunway REIT reduced its Scope 3 emissions over time?

Since 2018, Sunway REIT's Scope 3 emissions have increased by 479.8%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Sunway REIT's Scope 3 emissions increased by 10.74%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Sunway REIT disclose?

In 2023, Sunway REIT reported emissions for 6 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 Sunway REIT's Scope 3 emissions?

In 2023, the largest contributors to Sunway REIT's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 695,320 tCO₂e (96.2%)
  • Downstream Leased Assets (Cat. 13): 20,803 tCO₂e (2.88%)
  • Waste Generated in Operations (Cat. 5): 5,323.4 tCO₂e (0.74%)

Sunway REIT's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(96.2%)Downstream LeasedAssets (Cat. 13)(2.9%)

Insights into Sunway REIT’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Sunway REIT reported Scope 1 greenhouse gas (GHG) emissions of 13.9 tCO₂e and total revenues of USD 152 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD. a

Sunway REIT's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000100,000Scope 1 Emissions (tCO2e)502001,0002,00010,000Revenues (Millions of USD)Region ReYear: 2025Scope 1: 1,213 tCO2eRevenue: $M 251Scope 1 Intensity: 4.82 tCO2e/$MResilient ReitYear: 2023Scope 1: 8,926 tCO2eRevenue: $M 184Scope 1 Intensity: 48.40 tCO2e/$MFrontier Real EstateYear: 2024Scope 1: 239 tCO2eRevenue: $M 156Scope 1 Intensity: 1.53 tCO2e/$MRealty IncomeYear: 2023Scope 1: 55 tCO2eRevenue: $M 4,074Scope 1 Intensity: 0.01 tCO2e/$MCICTYear: 2024Scope 1: 3,171 tCO2eRevenue: $M 1,164Scope 1 Intensity: 2.72 tCO2e/$MKimco RealtyYear: 2024Scope 1: 4,165 tCO2eRevenue: $M 2,037Scope 1 Intensity: 2.04 tCO2e/$MFirst Capital REITYear: 2024Scope 1: 10,531 tCO2eRevenue: $M 496Scope 1 Intensity: 21.23 tCO2e/$MJMFYear: 2024Scope 1: 4,988 tCO2eRevenue: $M 564Scope 1 Intensity: 8.84 tCO2e/$MVukile Property FundYear: 2023Scope 1: 1,068 tCO2eRevenue: $M 205Scope 1 Intensity: 5.21 tCO2e/$MLink REITYear: 2025Scope 1: 7,594 tCO2eRevenue: $M 1,828Scope 1 Intensity: 4.15 tCO2e/$MAgree RealtyYear: 2023Scope 1: 271 tCO2eRevenue: $M 537Scope 1 Intensity: 0.50 tCO2e/$MSimon Property GroupYear: 2023Scope 1: 22,241 tCO2eRevenue: $M 5,659Scope 1 Intensity: 3.93 tCO2e/$MMacerichYear: 2024Scope 1: 30,779 tCO2eRevenue: $M 918Scope 1 Intensity: 33.52 tCO2e/$MUrban Edge PropertiesYear: 2024Scope 1: 596 tCO2eRevenue: $M 445Scope 1 Intensity: 1.34 tCO2e/$MNomura Real Estate Master FundYear: 2023Scope 1: 1,196 tCO2eRevenue: $M 572Scope 1 Intensity: 2.09 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$MMercialysYear: 2024Scope 1: 1,059 tCO2eRevenue: $M 230Scope 1 Intensity: 4.60 tCO2e/$MFederal RealtyYear: 2024Scope 1: 3,186 tCO2eRevenue: $M 1,202Scope 1 Intensity: 2.65 tCO2e/$MHyprop InvestmentsYear: 2024Scope 1: 13,352 tCO2eRevenue: $M 247Scope 1 Intensity: 54.17 tCO2e/$MChoice PropertiesYear: 2024Scope 1: 5,150 tCO2eRevenue: $M 952Scope 1 Intensity: 5.41 tCO2e/$MFrasers Centrepoint TrustYear: 2023Scope 1: 27 tCO2eRevenue: $M 271Scope 1 Intensity: 0.10 tCO2e/$MKite Realty Group TrustYear: 2024Scope 1: 2,617 tCO2eRevenue: $M 842Scope 1 Intensity: 3.11 tCO2e/$MFreyYear: 2024Scope 1: 202 tCO2eRevenue: $M 199Scope 1 Intensity: 1.01 tCO2e/$MTangerYear: 2024Scope 1: 3,572 tCO2eRevenue: $M 526Scope 1 Intensity: 6.79 tCO2e/$MSunway REITYear: 2023Scope 1: 14 tCO2eRevenue: $M 152Scope 1 Intensity: 0.09 tCO2e/$M

How does Sunway REIT's GHG emissions intensity compare to its peers?

In 2023, Sunway REIT reported a Scope 1 emissions intensity of 0.09 tCO₂e per millions USD. Compared to the peer group median of 3.52 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Sunway REIT rank on GHG emissions intensity within its industry?

In 2023, Sunway REIT ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Sunway REIT among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Sunway REIT's Total Carbon Footprint

In 2023, Sunway REIT reported a total carbon footprint of 774,091.4 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.08% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Sunway REIT's total carbon footprint was Scope 3 emissions, accounting for 93.38% of the company's total carbon footprint, followed by Scope 2 emissions at 6.62%. a

Want Full Access to Sunway REIT's GHG Emissions Dataset?
Sign Up