Champion REIT, officially known as Champion Real Estate Investment Trust, is a prominent player in the real estate investment sector, headquartered in Hong Kong. Established in 2006, the trust primarily focuses on the acquisition and management of high-quality retail and office properties, predominantly in Hong Kong and mainland China. With a portfolio that includes notable assets such as the Langham Place and the Champion Tower, Champion REIT stands out for its strategic positioning in prime locations, offering unique value to investors and tenants alike. The trust has achieved significant milestones, including consistent growth in rental income and a strong market presence, making it a key contender in the Asia-Pacific real estate market. Champion REIT's commitment to excellence and sustainable practices further enhances its reputation as a leader in the industry.
How does Champion REIT's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Champion REIT's score of 43 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Champion REIT reported total carbon emissions of approximately 9,915,300 kg CO2e, comprising 9,100 kg CO2e from Scope 1, 9,906,200 kg CO2e from Scope 2, and 7,216,000 kg CO2e from Scope 3 emissions, which include business travel, employee commute, and downstream leased assets. This represents a slight decrease from 2023, where total emissions were about 10,676,300 kg CO2e, with Scope 1 emissions at 7,600 kg CO2e and Scope 2 emissions at 10,668,700 kg CO2e. Champion REIT has set ambitious climate commitments, aiming for a 42% reduction in carbon intensity for both Scope 1 and Scope 2 emissions by 2030, using 2011 as the baseline year. This commitment reflects the company's proactive approach to mitigating its environmental impact and aligns with industry standards for sustainability. Overall, Champion REIT's emissions data and reduction targets demonstrate a commitment to addressing climate change and improving operational efficiency in Hong Kong and beyond.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 17,400 | 0,000 | 0,000 |
Scope 2 | 10,712,760 | 00,000,000 | 0,000,000 |
Scope 3 | 5,900,800 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Champion REIT is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.