Armada Hoffler
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 higher than 52% 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 approach to emissions reporting, with disclosures across all three scopes. 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, totalling around 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 climate pledges, indicating a potential area for future commitment. The company’s emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of Armada Hoffler's operations. Overall, Armada Hoffler's emissions profile highlights the importance of ongoing monitoring and potential for future climate action within the real estate sector.
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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 |
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.
Armada Hoffler 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.
