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 50 is higher than 69% 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 2024, Acadia Realty Trust reported total carbon emissions of approximately 14514000 kg CO2e for Scope 1, 6446000 kg CO2e for Scope 2 (with a market-based total of 3227000 kg CO2e), and 118208000 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their carbon footprint across all scopes, including significant contributions from business travel and employee commuting. The previous year, 2023, saw emissions of about 16243000 kg CO2e for Scope 1, 6488000 kg CO2e for Scope 2 (market-based total of 4027000 kg CO2e), and 115096000 kg CO2e for Scope 3. Notably, the company has set ambitious targets to achieve net zero GHG emissions for Scope 1 and 2 by 2050, with an interim goal of reducing these emissions by 30% from 2018 levels by 2030. Acadia Realty Trust's emissions data is not cascaded from any parent organisation, indicating that the figures are independently reported. The company is actively working towards its climate commitments, demonstrating a proactive approach to sustainability in the real estate sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,478,000 | 000,000 | 000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 6,426,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 93,839,000 | - | - | - | 000,000,000 | 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.
