Vesta Real Estate Corporation SAB de CV
Vesta Real Estate's GHG Emissions Data Preview
In 2023, Vesta Real Estate 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).
Vesta Real Estate has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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.  | 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.  a | 0000000 |
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aVerified Sources Behind Vesta Real Estate’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 Vesta Real Estate’s data sources below and access millions more through our Disclosure Search.
Insights into Vesta Real Estate's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Vesta Real Estate amounted to 1,553.55 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 Vesta Real Estate increased by 14.48%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Vesta Real Estate's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Vesta Real Estate's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Vesta Real Estate were 137.25 metric tons of CO₂ equivalent (tCO₂e). a
Has Vesta Real Estate reduced its Scope 1 emissions over time?
Since 2020, Vesta Real Estate's Scope 1 emissions have increased by 125%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Vesta Real Estate's Scope 1 emissions increased by 101.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Vesta Real Estate's Scope 2 emissions?
In 2023, Vesta Real Estate reported Scope 2 greenhouse gas (GHG) emissions of 1,416.3 tCO₂e without specifying the calculation method. a
Has Vesta Real Estate reduced its Scope 2 emissions over time?
Since 2020, Vesta Real Estate's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 39.4%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Vesta Real Estate's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Vesta Real Estate 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Vesta Real Estate use for Scope 2 reporting?
In 2023, Vesta Real Estate reported its Scope 2 emissions using an unspecified methodology. a
Vesta Real Estate's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Vesta Real Estate's Value Chain Emissions
In 2023, Vesta Real Estate reported 361,468.38 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 Vesta Real Estate includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Vesta Real Estate's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Vesta Real Estate's Scope 3 emissions?
In 2023, Vesta Real Estate reported total Scope 3 emissions of 361,468.38 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 33.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 66.99% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Vesta Real Estate reduced its Scope 3 emissions over time?
Since 2020, Vesta Real Estate's Scope 3 emissions have increased by 454.7%, reflecting a rising long-term trend in Scope 3 emissions over time. a
What categories of Scope 3 emissions does Vesta Real Estate disclose?
In 2023, Vesta Real Estate reported emissions for 5 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 Vesta Real Estate's Scope 3 emissions?
In 2023, the largest contributors to Vesta Real Estate's Scope 3 emissions were: a
- Downstream Leased Assets (Cat. 13): 242,157.67 tCO₂e (66.99%)
- Purchased Goods and Services (Cat. 1): 118,645.22 tCO₂e (32.82%)
- Fuel- and Energy-Related Services (Cat. 3): 347.5 tCO₂e (0.1%)
Vesta Real Estate's Scope 3 Emissions by Categories
Insights into Vesta Real Estate’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Vesta Real Estate reported Scope 1 greenhouse gas (GHG) emissions of 137.25 tCO₂e and total revenues of USD 214 millions. This translates into an emissions intensity of 0.64 tCO₂e per millions USD. a
Vesta Real Estate's Scope 1 Emissions Intensity Compared to Peers
How does Vesta Real Estate's GHG emissions intensity compare to its peers?
In 2023, Vesta Real Estate reported a Scope 1 emissions intensity of 0.64 tCO₂e per millions USD. Compared to the peer group median of 4.88 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Vesta Real Estate rank on GHG emissions intensity within its industry?
In 2023, Vesta Real Estate ranked 5 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Vesta Real Estate among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Vesta Real Estate's Total Carbon Footprint
In 2023, Vesta Real Estate reported a total carbon footprint of 363,021.93 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26,651.8% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Vesta Real Estate's total carbon footprint was Scope 3 emissions, accounting for 99.57% of the company's total carbon footprint, followed by Scope 2 emissions at 0.39%. a