Allied Properties Reit

Allied Properties REIT, a real estate services company headquartered in Canada, reported its 2025 Scope 1 emissions at 21,178,000 kg CO2e and Scope 2 emissions at 15,192,000 kg CO2e. For 2024, their Scope 1 emissions were 18,995,000 kg CO2e and Scope 2 emissions were 19,629,000 kg CO2e. In 2023, the company reported Scope 1 emissions of 19,664,000 kg CO2e and Scope 2 emissions of 22,991,000 kg CO2e.

Allied Properties REIT has set several ambitious climate commitments. The company is developing a Net-Zero Carbon (NZC) Plan to achieve NZC by 2050 or sooner, in alignment with the Science Based Targets initiative (SBTi). Their SBTi-validated targets include a near-term commitment to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 base year. For the long term, they aim to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2022 base year. Additionally, Allied Properties REIT commits to reduce absolute Scope 3 GHG emissions by 90% within the same 2022-2050 timeframe, working towards net-zero greenhouse gas emissions across the value chain by 2050.

The company also has intensity-based reduction targets. They aim to achieve a GHG emissions intensity of 2.21 kg CO2e/ft² by 2024, representing a 5.1% reduction from 2.33 kg CO2e/ft² in 2021. Furthermore, using 2019 as a baseline, Allied Properties REIT established a five-year target in 2021 to achieve an overall 22.6% reduction in intensity for both Scope 1 and Scope 2 by 2024. As of 2023, their GHG intensity represented a 17% improvement over their 2019 baseline for Scope 2 emissions and a 19% improvement for Scope 1 emissions.