Arena Reit
Arena REIT, headquartered in Australia, is a prominent player in the real estate investment trust (REIT) sector, specialising in the acquisition and management of healthcare and education properties. Founded in 2010, the company has established a strong presence across key operational regions, focusing on high-quality assets that cater to essential services. With a diverse portfolio that includes aged care facilities, childcare centres, and medical centres, Arena REIT distinguishes itself through its commitment to long-term leases and strategic partnerships. The company has achieved significant milestones, including consistent growth in its asset base and a reputation for reliability in the market. As a leader in the healthcare and education property sectors, Arena REIT continues to deliver value to its investors while supporting vital community services across Australia.
DitchCarbon Score
How does Arena 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
Arena Reit's score of 9 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Arena Reit's reported carbon emissions
In 2023, Arena REIT reported total carbon emissions of approximately 7,700,000 kg CO2e. This figure includes zero emissions from Scope 1 and Scope 2, while Scope 3 emissions accounted for about 188,590 kg CO2e, primarily from employee commuting and purchased goods and services. The previous year, 2022, saw total emissions of about 10,894,000 kg CO2e, with Scope 1 emissions remaining at zero, Scope 2 emissions at approximately 5,400 kg CO2e, and Scope 3 emissions at about 1,297,200 kg CO2e. In 2021, total emissions were around 11,908,000 kg CO2e, with similar patterns in Scope 1, 2, and 3 emissions. Despite these figures, Arena REIT has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company has disclosed emissions across all three scopes, highlighting its awareness of the broader impact of its operations. The significant reduction in total emissions from 2021 to 2023 suggests a positive trend towards minimising its carbon footprint, although further initiatives and commitments would enhance its sustainability profile.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 6,200 | 0,000 | - |
| Scope 3 | 1,491,600 | 0,000,000 | 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.
Arena Reit is not committed to any 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.
