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 83% 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
In 2023, Acadia Realty Trust reported total carbon emissions of approximately 117,000,000 kg CO2e, comprising 1,756,000 kg CO2e from Scope 1, 5,314,000 kg CO2e from Scope 2 (market-based), and a significant 115,096,000 kg CO2e from Scope 3 emissions. This marked an increase in Scope 1 emissions compared to previous years, reflecting their ongoing operational activities. In 2022, the company recorded total emissions of about 7,076,000 kg CO2e from Scope 1 and 2 combined, with Scope 1 emissions at 1,080,000 kg CO2e and Scope 2 emissions at 5,996,000 kg CO2e (market-based). The trend shows a fluctuating pattern in emissions, with Scope 1 emissions rising significantly in 2023. Acadia Realty Trust has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose its emissions data, which is essential for transparency and accountability in its climate commitments.
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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 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.
