Acadia Realty Trust

Acadia Realty Trust, a US-based real estate services company, reported Scope 1 emissions of approximately 1,976,000 kg CO2e and Scope 3 emissions of about 118,208,000 kg CO2e in 2024. Scope 3 emissions notably include approximately 117,777,000 kg CO2e from downstream leased assets. For 2023, the company reported Scope 1 emissions of around 1,756,000 kg CO2e, Scope 2 emissions (location-based) of approximately 8,164,000 kg CO2e, and Scope 3 emissions of about 115,096,000 kg CO2e, including about 114,691,000 kg CO2e from downstream leased assets, 54,000 kg CO2e from business travel, and 377,000 kg CO2e from employee commute.

Acadia Realty Trust has committed to a 20% like-for-like reduction in Scope 1 and 2 GHG emissions by the end of 2024, using a 2019 baseline. Furthermore, the company aims for a 46% absolute reduction across all scopes by 2030, also from a 2019 baseline, aligning with the goals of the Paris Agreement.