Acadia Realty Trust
Acadia Realty Trust, a prominent player in the real estate investment trust (REIT) sector, is headquartered in the United States. Founded in 1998, the company has established a strong presence in major urban markets, focusing on retail and mixed-use properties. Acadia Realty Trust is renowned for its strategic acquisitions and development of high-quality assets, which are primarily located in densely populated areas. The firm’s core services include property management, leasing, and development, with a unique emphasis on creating vibrant, community-oriented spaces. Acadia Realty Trust has achieved notable milestones, including a robust portfolio that reflects its commitment to sustainability and innovation. With a strong market position, the company continues to be recognised for its effective strategies in enhancing property value and tenant experience.
DitchCarbon Score
How does Acadia Realty 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
Acadia Realty Trust's score of 34 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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Acadia Realty Trust's reported carbon emissions
In 2023, Acadia Realty Trust reported total carbon emissions of approximately 175,600 kg CO2e for Scope 1, 5,314,000 kg CO2e for Scope 2 (market-based), and a significant 115,096,000 kg CO2e for Scope 3 emissions. This reflects a comprehensive approach to emissions reporting, covering all three scopes. The total emissions for Scope 1 and 2 combined amounted to about 7,070,000 kg CO2e (market-based). Acadia Realty Trust has set ambitious climate commitments, aiming for net-zero Scope 1 emissions by 2045 and net-zero Scope 1 and 2 emissions by 2050. Additionally, they plan to reduce Scope 1 and 2 greenhouse gas emissions by 30% from 2018 levels by 2030. These targets demonstrate a long-term commitment to sustainability and align with industry standards for climate action. The emissions data is not cascaded from any parent organization, indicating that Acadia Realty Trust independently reports its carbon footprint and climate initiatives. The company is actively working towards reducing its environmental impact while maintaining transparency in its sustainability efforts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 821,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,560,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 |
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.
Acadia Realty 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.
