Allied Properties Reit
Allied Properties Real Estate Investment Trust (REIT) is a prominent player in the Canadian real estate sector, headquartered in Toronto, Ontario. Established in 2003, the company has carved a niche in the ownership, management, and development of urban office properties, primarily in major metropolitan areas across Canada, including Toronto, Montreal, and Vancouver. Allied Properties REIT focuses on providing high-quality, sustainable office spaces that cater to the needs of modern businesses. Its unique approach combines heritage buildings with contemporary design, creating vibrant work environments that foster innovation. With a strong market position, Allied has achieved notable milestones, including a robust portfolio of properties that consistently attract leading tenants. The company is recognised for its commitment to sustainability and community engagement, setting it apart in the competitive real estate landscape.
DitchCarbon Score
How does Allied Properties Reit'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
Allied Properties Reit's score of 41 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Allied Properties Reit's reported carbon emissions
In 2023, Allied Properties REIT reported total carbon emissions of approximately 42.7 million tonnes CO2e, with 19.7 million tonnes from Scope 1 and 23.0 million tonnes from Scope 2 emissions. This marked a slight decrease from 2022, where emissions were about 43.8 million tonnes CO2e. Over the years, Allied Properties has demonstrated a commitment to reducing its carbon footprint. The company has set a long-term target to achieve net-zero emissions by 2050, encompassing all scopes of emissions. This commitment aligns with the Science Based Targets initiative (SBTi), which the company joined in 2023. In 2021, Allied Properties reported total emissions of approximately 45.3 million tonnes CO2e, indicating a gradual reduction in emissions over the subsequent years. The company continues to focus on sustainability and climate action within the real estate sector, aiming to enhance its environmental performance and contribute to global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 20,526,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 21,672,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | - | - |
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.
Allied Properties Reit is committed to some 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.
