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 lower than 54% 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, with total emissions of approximately 42,000,000 kg CO2e, including 28,300,000 kg CO2e from Scope 1, 8,322,000 kg CO2e from Scope 2, and 64,860,000 kg CO2e from Scope 3. 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. Their emissions data is not cascaded from any parent organisation, indicating that the figures are solely representative of Armada Hoffler Properties, Inc. Overall, while Armada Hoffler demonstrates a commitment to tracking and reporting their carbon emissions, further initiatives or targets for reduction have not been disclosed, leaving room for improvement in their climate strategy.
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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.
