Hektar Real Estate Investment Trust
Hektar Real Estate Investment Trust (Hektar REIT), headquartered in Malaysia, is a prominent player in the real estate investment sector. Established in 2010, the trust focuses on the acquisition and management of retail and commercial properties, primarily in key urban areas across Malaysia. Hektar REIT's portfolio includes a diverse range of shopping malls and retail spaces, distinguished by their strategic locations and strong tenant mix. The trust has achieved significant milestones, including consistent dividend payouts and a robust market presence, making it a preferred choice for investors seeking stable returns in the Malaysian real estate market. With a commitment to sustainable growth and community engagement, Hektar REIT continues to enhance its position as a leading real estate investment trust in the region, reflecting its dedication to quality and innovation in property management.
DitchCarbon Score
How does Hektar Real Estate Investment Trust'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
Hektar Real Estate Investment Trust's score of 31 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hektar Real Estate Investment Trust's reported carbon emissions
In 2023, Hektar Real Estate Investment Trust (Hektar REIT), headquartered in Malaysia, reported total carbon emissions of approximately 21,861,000 kg CO2e from Scope 2, alongside 2,000 kg CO2e from Scope 1 emissions. Additionally, Scope 3 emissions included about 270,000 kg CO2e from business travel, 497,000 kg CO2e from employee commuting, and 8,047,000 kg CO2e from downstream leased assets. Comparatively, in 2022, Hektar REIT's emissions were approximately 29,538,000 kg CO2e for Scope 2 and 5,000 kg CO2e for Scope 1, with Scope 3 emissions from business travel at about 246,000 kg CO2e. The data indicates a significant reduction in Scope 2 emissions from 2022 to 2023, reflecting Hektar's commitment to improving energy efficiency and reducing its carbon footprint. Despite these figures, Hektar REIT has not established specific reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further commitment to climate action within the real estate sector. Overall, Hektar REIT's emissions data highlights the importance of ongoing monitoring and the potential for future climate commitments to enhance sustainability practices in the real estate investment sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,000 | 0,000 | 0,000 |
| Scope 2 | 25,043,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 185,000 | 000,000 | 0,000,000 |
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.
Hektar Real Estate Investment Trust 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.
