Allied Properties Reit
Allied Properties Real Estate Investment Trust (REIT), commonly referred to as Allied Properties, is a prominent player in the real estate services industry, headquartered in Canada. Established in 2003, the company has carved a niche in the acquisition, development, and management of urban office properties, primarily in major Canadian cities such as Toronto, Montreal, and Vancouver.
Allied Properties focuses on creating and managing distinctive, high-quality office spaces that cater to the needs of modern businesses. Its commitment to sustainability and innovative design sets it apart in a competitive market. With a robust portfolio and a reputation for excellence, Allied Properties has achieved significant milestones, including recognition for its contributions to urban revitalisation and sustainable development. As a leader in the real estate sector, Allied Properties continues to shape the landscape of urban office environments across Canada.
+12 vs industry average
Allied Properties Reit’s score of 40 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Allied Properties Reit?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Allied Properties Reit's reported carbon emissions
Allied Properties REIT, based in Canada and operating in Real estate services, has reported its carbon emissions and outlined its climate commitments. **Carbon Emissions:** * **2024:** Scope 1 emissions were approximately 18,860,000 kg CO2e, and Scope 2 emissions were approximately 19,361,000 kg CO2e (market-based). * **2023:** Scope 1 emissions were approximately 19,664,000 kg CO2e, and Scope 2 emissions were approximately 22,991,000 kg CO2e. * **2022:** Scope 1 emissions totalled approximately 19,815,000 kg CO2e, and Scope 2 emissions were approximately 24,014,000 kg CO2e. The total emissions for this year were approximately 43,829,000 kg CO2e. * **2021:** Scope 1 emissions were approximately 20,157,000 kg CO2e, and Scope 2 emissions were approximately 18,597,000 kg CO2e. The combined Scope 1 and 2 emissions were approximately 45,323,000 kg CO2e. * **2020:** Scope 1 and 2 emissions were approximately 44,270,000 kg CO2e. * **2019:** Scope 1 emissions were approximately 20,526,000 kg CO2e, and Scope 2 emissions were approximately 21,672,000 kg CO2e. The combined Scope 1 and 2 emissions were approximately 43,882,000 kg CO2e. Scope 3 emissions data is not currently available. **Climate Commitments and Reduction Targets:** Allied Properties REIT is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. In alignment with the Science Based Targets initiative (SBTi), the company is developing a Net-Zero Carbon (NZC) Plan. Key targets include: * A 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using 2022 as a base year. * A commitment to reduce absolute Scope 3 GHG emissions by 90% by 2050 from a 2022 base year. * A commitment to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2022 base year. Additionally, the company has set near-term intensity-based targets, aiming for a GHG emissions intensity of 2.21 kgCO2e/ft² by 2024, a reduction from 2.33 kgCO2e/ft² in 2021. Progress is being made towards these intensity targets, with a 17% improvement in GHG emissions intensity reported against the 2019 baseline by 2023.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Allied Properties Reit’s Climate Goals (2030 & 2050)
2 goals2023
19% reduction in Scope 1
Our 2023 EUI and GHGI represent a respective 19% and 17% improvement over our 2019 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Allied Properties Reit
Frequently asked questions
Common questions about Allied Properties Reit’s sustainability data and climate commitments
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project