American Assets Trust, Inc. is a prominent real estate investment trust (REIT) headquartered in the United States, with significant operations across key markets in California, Hawaii, and the Pacific Northwest. Founded in 2011, the company has established itself in the commercial real estate sector, focusing on the acquisition, development, and management of high-quality retail, office, and residential properties. With a diverse portfolio that includes shopping centres, office buildings, and multifamily communities, American Assets Trust is recognised for its strategic approach to property management and development. The company’s commitment to sustainability and community engagement sets it apart in the industry. Notable achievements include a strong market position and a reputation for delivering value to shareholders through prudent asset management and innovative development strategies.
How does American Assets Trust'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.
American Assets Trust's score of 28 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, American Assets Trust reported total carbon emissions of approximately 34,400,000 kg CO2e, with Scope 1 emissions accounting for about 6,698,000 kg CO2e and Scope 2 emissions at approximately 27,247,000 kg CO2e (market-based). This represents a slight increase from 2022, where total emissions were about 34,136,000 kg CO2e, with Scope 1 emissions at approximately 6,676,000 kg CO2e and Scope 2 emissions at about 27,004,000 kg CO2e (market-based). The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 emissions by more than 40% by 2025 from a 2007 baseline. Additionally, they plan to achieve a 50% reduction in these emissions by 2035, using a 2020 baseline. These targets reflect a strong commitment to sustainability and align with industry standards for climate action. American Assets Trust does not currently disclose Scope 3 emissions, indicating a potential area for future reporting and improvement. The emissions data is not cascaded from any parent organization, ensuring that the figures are specific to American Assets Trust, Inc.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 5,188,000 | 0,000,000 | 0,000,000 |
Scope 2 | 21,551,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.
American Assets Trust 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.