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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Unite Group's Scope 2 emissions?

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

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.

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

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

Unite Group's Scope 3 Emissions by Categories

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

Insights into Unite Group's Total Carbon Footprint

In 2024, Unite Group reported a total carbon footprint of 116,880.21 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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