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.
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.
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.
Acadia Realty Trust's score of 28 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Acadia Realty Trust reported total carbon emissions of approximately 1756000 kg CO2e for Scope 1 and about 5314000 kg CO2e for Scope 2 (market-based), with a significant contribution from Scope 3 emissions, which totalled approximately 115096000 kg CO2e. The combined total for Scope 1 and Scope 2 emissions (market-based) reached about 7070000 kg CO2e. Comparatively, in 2022, the company recorded approximately 1080000 kg CO2e for Scope 1 and about 5996000 kg CO2e for Scope 2 (market-based). The absence of Scope 3 data in 2022 indicates a growing focus on comprehensive emissions reporting in subsequent years. Acadia Realty Trust has not publicly committed to specific reduction targets or initiatives, as indicated by the lack of documented reduction targets or SBTi commitments. This suggests that while the company is actively measuring its emissions, it may not yet have formalised a strategy for emissions reduction. Overall, Acadia Realty Trust's emissions data reflects a substantial carbon footprint, particularly in Scope 3 emissions, highlighting the need for enhanced climate commitments and reduction strategies in the future.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.