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 22 is lower than 60% 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. This figure includes 6,698,000 kg CO2e from Scope 1 emissions and 27,247,000 kg CO2e from Scope 2 emissions (market-based). The company has maintained consistent emissions levels over the past few years, with similar totals reported in 2022 and 2021. Despite the stable emissions figures, American Assets Trust has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or Science-Based Targets Initiative (SBTi) commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while American Assets Trust has provided transparency regarding its emissions data, further commitments and reduction strategies will be essential for aligning with industry standards and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 6,226,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 26,624,000 | 00,000,000 | 00,000,000 | 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.