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 22 is lower than 72% 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 76,363,000 kg CO2e, with emissions distributed across Scope 1, Scope 2, and Scope 3. Specifically, Scope 1 emissions were about 28,057,000 kg CO2e, while Scope 2 emissions totalled approximately 7,911,000 kg CO2e. The majority of their emissions, approximately 76,363,000 kg CO2e, fell under Scope 3, which typically includes indirect emissions from the value chain. Over the years, Armada Hoffler has shown a trend in emissions management. For instance, in 2021, their total emissions were about 72,050,000 kg CO2e, indicating a slight increase in 2022. However, from 2019 to 2022, the company has made efforts to manage its emissions, with Scope 1 and 2 emissions intensity reported at approximately 8,000 kg CO2e per tonne of landlord-controlled space. Despite these figures, there are currently no documented reduction targets or specific climate pledges from Armada Hoffler. The absence of formal commitments suggests a potential area for improvement in their climate strategy, particularly in setting measurable reduction goals aligned with industry standards.
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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.
