Armada Hoffler Sustainability Profile
Armada Hoffler Properties, Inc., commonly referred to as Armada Hoffler, is a prominent real estate investment trust (REIT) headquartered in the United States. Founded in 2001, the company has established a strong presence in key operational regions, including the Mid-Atlantic and Southeastern United States. Specialising in the development, construction, and management of high-quality commercial and residential properties, Armada Hoffler is recognised for its innovative approach to mixed-use developments. With a diverse portfolio that includes retail, office, and multifamily residential spaces, Armada Hoffler distinguishes itself through its commitment to sustainability and community engagement. The company has achieved notable milestones, including successful projects that enhance urban landscapes and foster economic growth. As a leader in the real estate sector, Armada Hoffler continues to set benchmarks for excellence and innovation in property development.
DitchCarbon Score
How does Armada Hoffler'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
Armada Hoffler's score of 24 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Armada Hoffler's reported carbon emissions
In 2022, Armada Hoffler reported total carbon emissions of approximately 43,000,000 kg CO2e, comprising 28,057,000 kg CO2e from Scope 1, 7,911,000 kg CO2e from Scope 2, and 76,363,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive disclosure of their emissions across all three scopes, indicating a commitment to transparency in their environmental impact. Comparatively, in 2021, the company recorded total emissions of about 43,000,000 kg CO2e, with Scope 1 emissions at 29,320,000 kg CO2e, Scope 2 at 8,617,000 kg CO2e, and Scope 3 at 72,050,000 kg CO2e. The emissions from 2020 were slightly lower, at approximately 42,000,000 kg CO2e, with Scope 1 at 28,300,000 kg CO2e, Scope 2 at 8,322,000 kg CO2e, and Scope 3 at 64,860,000 kg CO2e. Despite these figures, Armada Hoffler has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any SBTi (Science Based Targets initiative) targets. The absence of documented reduction initiatives suggests a need for further development in their climate strategy. All emissions data is sourced directly from Armada Hoffler Properties, Inc., with no cascaded data from parent or related organizations. The company continues to operate within the context of the real estate industry, where emissions management is increasingly critical for sustainability and regulatory compliance.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 29,830,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 8,899,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 71,780,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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Armada Hoffler's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Armada Hoffler has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
