Agree Realty Corporation, commonly referred to as Agree Realty, is a prominent real estate investment trust (REIT) headquartered in the United States. Founded in 1971, the company has established a strong presence in the retail real estate sector, focusing primarily on the acquisition, development, and management of high-quality retail properties across major operational regions in the US. Specialising in single-tenant net lease properties, Agree Realty distinguishes itself through its strategic partnerships with leading national retailers, ensuring a robust portfolio that delivers consistent returns. The company has achieved significant milestones, including a notable expansion of its property holdings and a commitment to sustainable practices. With a strong market position, Agree Realty continues to be recognised for its innovative approach and dedication to enhancing shareholder value in the competitive real estate landscape.
How does Agree Realty Corporation'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.
Agree Realty Corporation's score of 33 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Agree Realty Corporation reported total carbon emissions of approximately 396,000,000 kg CO2e, with emissions distributed across various scopes: 1,200,000 kg CO2e for Scope 1, 1,200,000 kg CO2e for Scope 2, and a significant 394,000,000 kg CO2e for Scope 3. This marks a notable increase in emissions compared to 2022, where total emissions were about 336,000,000 kg CO2e, comprising 1,400,000 kg CO2e for Scope 1, 1,400,000 kg CO2e for Scope 2, and 335,000,000 kg CO2e for Scope 3. In 2021, the company reported total emissions of around 262,000,000 kg CO2e, with Scope 1 and Scope 2 emissions each at 1,600,000 kg CO2e and Scope 3 emissions at 260,000,000 kg CO2e. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from Agree Realty Corporation. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other reduction commitments. As a leader in the real estate sector, Agree Realty's emissions profile reflects the broader industry context, where significant efforts are needed to address climate impacts and enhance sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 1,600,000 | 0,000,000 | 0,000,000 |
Scope 2 | 1,600,000 | 0,000,000 | 0,000,000 |
Scope 3 | 260,000,000 | 000,000,000 | 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.
Agree Realty Corporation 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.