Submit your email to push it up the queue
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 24 is lower than 54% 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 271,000 kg CO2e for Scope 1, 1,271,000 kg CO2e for Scope 2, and a significant 350,000,000 kg CO2e for Scope 3 emissions. This data highlights the company's substantial carbon footprint, particularly in Scope 3, which encompasses indirect emissions from the value chain. For the previous year, 2022, the company disclosed Scope 3 emissions of about 335,000,000 kg CO2e in the US, while no emissions data was available for Scope 1 and Scope 2. In 2021, the US emissions for Scope 3 were reported at approximately 260,000,000 kg CO2e, indicating a potential increase in emissions over the years. Despite the lack of specific reduction targets or initiatives, Agree Realty Corporation is actively engaged in sustainability reporting, as evidenced by their disclosures in the 2023 Sustainability Report. However, there are currently no documented reduction targets or climate pledges, which may limit their commitment to addressing climate change. The emissions data is not cascaded from any parent organisation, indicating that the figures are solely representative of Agree Realty Corporation's own operations. The company continues to monitor and report its emissions, contributing to transparency in its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
---|---|
Scope 1 | 271,000 |
Scope 2 | 1,271,000 |
Scope 3 | 350,000,000 |
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.