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Vesta Real Estate Corporation SAB de CV

Common Name
Vesta Real Estate
Country
Mexico
Sector
Real Estate
Industry
Real Estate - Diversified
Employees
96
Ticker
VESTA*
Exchange
BOLSA MEXICANA DE VALORES
Description
Corporación Inmobiliaria Vesta S.A.B. de C.V. is a leading real estate development and management company based in Mexico. Its primary function is the development, acquisition, sale, and leasing of in...

Vesta Real Estate's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Limited Data Preview
You are viewing a limited preview of Vesta Real Estate’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2023.
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Verified Sources Behind Vesta Real Estate’s Climate Targets 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 Vesta Real Estate’s data sources below and access millions more through our Disclosure Search.

a. Vesta Real Estate's Annual Report 2023
a. Vesta Real Estate's Annual Report 2023

Insights into Vesta Real Estate's Greenhouse Gas Emissions Pathways

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

Does Vesta Real Estate have a target to reduce the emissions from its operations?

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

Vesta Real Estate's Operational (Scope 1+2) Emissions Pathway

20222023202504008001.2 k1.6 kBaselineCurrent (+14%)Target 2025 (-20%)
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