In 2024, Wharf Real Estate Investment 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).
Wharf Real Estate Investment has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 8,888a | 7,853a | 6,471a | |
Total Scope 2 | ||||
Market-Based | 92,758a | 96,080a | 94,926a | |
Location-Based | 139,278a | 139,769a | 136,456a | |
Total Scope 3 | 140,270a | 904a | 1,183a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.3459a | 4.6087a | 4.053a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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 Wharf Real Estate Investment’s data sources below and access millions more through our Disclosure Search.
In 2024, the total operational greenhouse gas (GHG) emissions of Wharf Real Estate Investment amounted to 148,166 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 Wharf Real Estate Investment increased by 0.37%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Wharf Real Estate Investment were 8,888 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Wharf Real Estate Investment's Scope 1 emissions have increased by 7.47%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Wharf Real Estate Investment's Scope 1 emissions increased by 13.18%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Wharf Real Estate Investment reported Scope 2 greenhouse gas (GHG) emissions of 92,758 tCO₂e using the market-based method and 139,278 tCO₂e using the location-based method.a
Since 2020, Wharf Real Estate Investment's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 52.87%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Wharf Real Estate Investment's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Wharf Real Estate Investment's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Wharf Real Estate Investment reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Wharf Real Estate Investment reported 140,270 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 Wharf Real Estate Investment includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Wharf Real Estate Investment reported total Scope 3 emissions of 140,270 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 45.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 54.02% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Wharf Real Estate Investment's Scope 3 emissions increased by 15,416.59%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Wharf Real Estate Investment reported emissions for 9 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.
In 2024, the largest contributors to Wharf Real Estate Investment's Scope 3 emissions were:a
In 2024, Wharf Real Estate Investment reported Scope 1 greenhouse gas (GHG) emissions of 8,888 tCO₂e and total revenues of USD 1,663 millions. This translates into an emissions intensity of 5.35 tCO₂e per millions USD.a
In 2024, Wharf Real Estate Investment reported a Scope 1 emissions intensity of 5.35 tCO₂e per millions USD. Compared to the peer group median of 4.27, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Wharf Real Estate Investment ranked 14 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Wharf Real Estate Investment is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Wharf Real Estate Investment reported a total carbon footprint of 288,436 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 94.2% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Wharf Real Estate Investment's total carbon footprint was Scope 3 emissions, accounting for 48.63% of the company's total carbon footprint, followed by Scope 2 emissions at 48.29%.a