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 27 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Armada Hoffler's reported carbon emissions
In 2022, Armada Hoffler reported total carbon emissions of approximately 76,363,000 kg CO2e, comprising 28,057,000 kg CO2e from Scope 1, 7,911,000 kg CO2e from Scope 2, and 40,395,000 kg CO2e from Scope 3 emissions. This marked a slight increase in emissions compared to 2021, where total emissions were about 72,050,000 kg CO2e, with Scope 1 at 29,320,000 kg CO2e, Scope 2 at 8,617,000 kg CO2e, and Scope 3 at 34,113,000 kg CO2e. In 2020, the company achieved a reduction in total emissions to approximately 64,860,000 kg CO2e, down from 71,780,000 kg CO2e in 2019. This reduction was primarily driven by decreases in Scope 2 emissions, which fell from 8,899,000 kg CO2e in 2019 to 8,322,000 kg CO2e in 2020. Despite these fluctuations, Armada Hoffler has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose its emissions across all three scopes, demonstrating transparency in its climate impact reporting.
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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 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.
