As of 2023, Vesta Real Estate has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Vesta Real Estate ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
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As of 2023, Vesta Real Estate has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
As of 2023, Vesta Real Estate has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Vesta Real Estate's most ambitious operational target is to reduce these emissions by 20% by 2025, compared to a baseline of 1,357 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a
Instead of reducing operational emissions, Vesta Real Estate has increased them, with 2023 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target. a