Unite Group PLC

Common Name
Unite Group
Country
United Kingdom
Sector
Real Estate
Industry
REIT - Diversified
Employees
1,906
Ticker
UTG
Exchange
LONDON STOCK EXCHANGE
Description
The Unite Group plc is a prominent real estate investment trust (REIT) specializing in student accommodation across the United Kingdom. Its primary function is to develop, own, and operate purpose-bui...

Unite Group's GHG Emissions Data Preview

In 2024, Unite Group 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).

Unite Group 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)2024202320222021 - 2017
Total Scope 1
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a
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a
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c
0000000
Total Scope 2
Market-Based
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a
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a
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c
0000000
Location-Based
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a
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a
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c
0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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c
0000000
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Verified Sources Behind Unite Group’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 Unite Group’s data sources below and access millions more through our Disclosure Search.

a. Unite Group's Sustainability Report 2024
a. Unite Group's Sustainability Report 2024
b. Unite Group's Annual Report 2023
b. Unite Group's Annual Report 2023
c. Unite Group's Annual Report 2022
c. Unite Group's Annual Report 2022

Insights into Unite Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Unite Group amounted to 42,714 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 Unite Group decreased by 1.99%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Unite Group's Scope 1 Emissions Over Time

20192020202120222023202403 k6 k9 k12 ktCO2e-3%+6%-1%-5%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Unite Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Unite Group were 10,914 metric tons of CO₂ equivalent (tCO₂e). a

Has Unite Group reduced its Scope 1 emissions over time?

Since 2019, Unite Group's Scope 1 emissions have increased by 2.3%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Unite Group's Scope 1 emissions increased by 4.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Unite Group's Scope 2 emissions?

In 2024, Unite Group reported Scope 2 greenhouse gas (GHG) emissions of 1,867 tCO₂e using the market-based method and 31,800 tCO₂e using the location-based method. a

Has Unite Group reduced its Scope 2 emissions over time?

Since 2019, Unite Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 29.19%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Unite Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Unite Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Unite Group use for Scope 2 reporting?

In 2024, Unite Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Unite Group's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Unite Group's Value Chain Emissions

In 2024, Unite Group reported 74,166.21 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 Unite Group includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Unite Group's Scope 3 Emissions Over Time

201920202021202220232024040 k80 k120 k160 ktCO2e-46%-17%+50%-14%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Unite Group's Scope 3 emissions?

In 2024, Unite Group reported total Scope 3 emissions of 74,166.21 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 69.62% of these emissions originated from upstream activities such as purchased goods and capital goods, while 30.38% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Unite Group reduced its Scope 3 emissions over time?

Since 2019, Unite Group's Scope 3 emissions have decreased by 49.98%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Unite Group's Scope 3 emissions decreased by 12.62%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

What categories of Scope 3 emissions does Unite Group disclose?

In 2024, Unite Group 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 Unite Group's Scope 3 emissions?

In 2024, the largest contributors to Unite Group's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 24,282 tCO₂e (32.74%)
  • Downstream Leased Assets (Cat. 13): 18,526.48 tCO₂e (24.98%)
  • Fuel- and Energy-Related Services (Cat. 3): 11,680.53 tCO₂e (15.75%)

Unite Group's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(32.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(15.7%)Downstream LeasedAssets (Cat. 13)(25.0%)

Insights into Unite Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Unite Group reported Scope 1 greenhouse gas (GHG) emissions of 10,914 tCO₂e and total revenues of USD 376 millions. This translates into an emissions intensity of 29.06 tCO₂e per millions USD. a

Unite Group's Scope 1 Emissions Intensity Compared to Peers

101001,0005,00050,000Scope 1 Emissions (tCO2e)201005002,00010,000Revenues (Millions of USD)SJCMori Hills Reit InvestmentYear: 2023Scope 1: 1,667 tCO2eRevenue: $M 159Scope 1 Intensity: 10.46 tCO2e/$MMitsui Fudosan Logistics ParkYear: 2022Scope 1: 15 tCO2eRevenue: $M 150Scope 1 Intensity: 0.10 tCO2e/$MRedefine PropertiesYear: 2023Scope 1: 20,937 tCO2eRevenue: $M 525Scope 1 Intensity: 39.88 tCO2e/$MGrowthpoint PropertiesYear: 2023Scope 1: 18,487 tCO2eRevenue: $M 729Scope 1 Intensity: 25.37 tCO2e/$MEmpire State Realty TrustYear: 2023Scope 1: 3,178 tCO2eRevenue: $M 740Scope 1 Intensity: 4.30 tCO2e/$MActivia PropertiesYear: 2023Scope 1: 1,576 tCO2eRevenue: $M 237Scope 1 Intensity: 6.65 tCO2e/$MUnited Urban InvestmentYear: 2024Scope 1: 3,000 tCO2eRevenue: $M 358Scope 1 Intensity: 8.37 tCO2e/$MParis Realty FundYear: 2024Scope 1: 42 tCO2eRevenue: $M 34Scope 1 Intensity: 1.23 tCO2e/$MBritish Land CompanyYear: 2025Scope 1: 5,445 tCO2eRevenue: $M 587Scope 1 Intensity: 9.27 tCO2e/$MShaftesbury CapitalYear: 2023Scope 1: 626 tCO2eRevenue: $M 248Scope 1 Intensity: 2.52 tCO2e/$MSSSuntec REITYear: 2023Scope 1: 1,637 tCO2eRevenue: $M 351Scope 1 Intensity: 4.66 tCO2e/$MBroadstone Net LeaseYear: 2024Scope 1: 361 tCO2eRevenue: $M 432Scope 1 Intensity: 0.84 tCO2e/$MIIFYear: 2023Scope 1: 24,149 tCO2eRevenue: $M 254Scope 1 Intensity: 94.97 tCO2e/$MVICI PropertiesYear: 2023Scope 1: 524 tCO2eRevenue: $M 3,611Scope 1 Intensity: 0.15 tCO2e/$MKiwi Property GroupYear: 2025Scope 1: 277 tCO2eRevenue: $M 147Scope 1 Intensity: 1.88 tCO2e/$MJJJapan Prime Realty InvestmentYear: 2023Scope 1: 1,440 tCO2eRevenue: $M 252Scope 1 Intensity: 5.72 tCO2e/$MEmira Property FundYear: 2024Scope 1: 5,052 tCO2eRevenue: $M 100Scope 1 Intensity: 50.39 tCO2e/$MAxis-REITYear: 2023Scope 1: 29 tCO2eRevenue: $M 63Scope 1 Intensity: 0.46 tCO2e/$MBurstone GroupYear: 2023Scope 1: 4,640 tCO2eRevenue: $M 82Scope 1 Intensity: 56.64 tCO2e/$MCCCapitaLand Ascott TrustYear: 2024Scope 1: 3,224 tCO2eRevenue: $M 594Scope 1 Intensity: 5.43 tCO2e/$MCharter Hall GroupYear: 2023Scope 1: 8,919 tCO2eRevenue: $M 523Scope 1 Intensity: 17.04 tCO2e/$MLand Securities GroupYear: 2025Scope 1: 10,330 tCO2eRevenue: $M 1,076Scope 1 Intensity: 9.60 tCO2e/$MDaiwa House REIT InvestmentYear: 2024Scope 1: 190 tCO2eRevenue: $M 427Scope 1 Intensity: 0.44 tCO2e/$MStockland CorporationYear: 2024Scope 1: 1,905 tCO2eRevenue: $M 1,994Scope 1 Intensity: 0.96 tCO2e/$MUnite GroupYear: 2024Scope 1: 10,914 tCO2eRevenue: $M 376Scope 1 Intensity: 29.06 tCO2e/$M

How does Unite Group's GHG emissions intensity compare to its peers?

In 2024, Unite Group reported a Scope 1 emissions intensity of 29.06 tCO₂e per millions USD. Compared to the peer group median of 5.58 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Unite Group rank on GHG emissions intensity within its industry?

In 2024, Unite Group ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Unite Group among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Unite Group's Total Carbon Footprint

In 2024, Unite Group reported a total carbon footprint of 116,880.21 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.01% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Unite Group's total carbon footprint was Scope 3 emissions, accounting for 63.45% of the company's total carbon footprint, followed by Scope 2 emissions at 27.21%. a

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