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 31 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Acadia Realty Trust's reported carbon emissions
As of 2022, Acadia Realty Trust reported total carbon emissions of approximately 5,475,000 kg CO2e, which includes 1,080,000 kg CO2e from Scope 1 and 5,996,000 kg CO2e from Scope 2 emissions. This represents a notable increase in emissions compared to previous years, with 2021 emissions at about 5,253,000 kg CO2e and 2020 emissions at approximately 4,984,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives, nor does it appear to have committed to the Science Based Targets initiative (SBTi) or similar climate pledges. This lack of formal commitments may reflect a broader industry context where many real estate firms are increasingly focusing on sustainability and emissions reduction, yet Acadia Realty Trust has not publicly outlined its strategy in this regard. Overall, while Acadia Realty Trust has made strides in tracking its emissions, the absence of reduction targets suggests an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
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Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 821,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 5,560,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
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 committed to any reduction initiatives 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.
