Newriver
Newriver, officially known as Newriver REIT plc, is a prominent player in the UK real estate investment trust sector, headquartered in Great Britain. Founded in 2016, the company has rapidly established itself as a leader in the retail and leisure property markets, focusing on community shopping centres and convenience-led retail assets across the UK. With a commitment to enhancing the value of its portfolio, Newriver offers a unique blend of property management and development services, ensuring that its assets meet the evolving needs of consumers and tenants alike. The company has achieved significant milestones, including strategic acquisitions and successful asset repositioning, which have solidified its market position. Newriver's innovative approach to property investment and management sets it apart, making it a key player in the ever-changing landscape of the UK retail property industry.
DitchCarbon Score
How does Newriver'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.
Industry Average
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.
Industry Benchmark
Newriver's score of 29 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Newriver's reported carbon emissions
As of 2024, Newriver's carbon emissions data indicates a total of approximately 3,686,000 kg CO2e from Scope 2 emissions. In 2023, the company reported about 3,253,000 kg CO2e, also from Scope 2. Notably, Newriver has achieved a significant reduction of 39% in total Scope 1 and 2 emissions from its baseline year of 2020, bringing it 93% of the way to its Science Based Targets initiative (SBTi)-approved goal of a 42% reduction by 2030. The company is committed to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 42% from a 2020 baseline by the year 2030. This commitment includes measuring and addressing Scope 3 emissions as well. Newriver's initiatives reflect a strong alignment with industry standards for climate action, demonstrating a proactive approach to sustainability in the real estate sector.
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| 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | - | - |
| Scope 2 | 4,022,480 | - | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Newriver is participating in some 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.
