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OrganisationsArtis Real Estate Investment Trust
Artis Real Estate Investment Trust logo

Artis Real Estate Investment Trust

Real Estate ServicesCanada
Last verified 14 days agoartisreit.com

Artis Real Estate Investment Trust, commonly referred to as Artis REIT, is a prominent player in the real estate services industry, headquartered in California. Founded in 2004, the trust has established a strong presence across major operational regions, focusing on the acquisition, development, and management of diversified real estate assets.

Artis REIT's portfolio primarily includes commercial properties, with a unique emphasis on creating value through strategic asset management and sustainable practices. The company has achieved notable milestones, positioning itself as a trusted name in the market, recognised for its commitment to delivering long-term returns to its investors. With a robust market position, Artis REIT continues to innovate within the real estate sector, setting itself apart through its comprehensive approach to property investment and management.

22
DitchCarbon score

-7 vs industry average

Artis Real Estate Investment Trust’s score of 22 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.221
20182025

The Real Estate Services industry has reduced its overall emissions by 17% since 2018

Emissions trajectory 2020 – 2027

000.0M00.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Artis Real Estate Investment Trust's reported carbon emissions

Artis Real Estate Investment Trust (REIT), headquartered in CA and operating in real estate services, reported its greenhouse gas emissions for fiscal years 2021 through 2024.

For 2024, Artis REIT's total Scope 1 and Scope 2 emissions were approximately 82.86 million kg CO2e, comprising about 26.21 million kg CO2e from Scope 1 and approximately 56.64 million kg CO2e from Scope 2. This represents a decrease from 2023, where total Scope 1 and Scope 2 emissions amounted to approximately 78.22 million kg CO2e (20.21 million kg CO2e Scope 1 and 58.01 million kg CO2e Scope 2). In 2022, Scope 1 and Scope 2 emissions totalled about 90.86 million kg CO2e (38.95 million kg CO2e Scope 1 and 51.91 million kg CO2e Scope 2), and in 2021, they were approximately 74.62 million kg CO2e (23.23 million kg CO2e Scope 1 and 51.39 million kg CO2e Scope 2). The REIT has not disclosed Scope 3 emissions data for these periods.

Artis REIT is committed to reducing its environmental impact and aims to reduce excess waste generation and utilise energy-efficient and environmentally friendly systems. The company has set a near-term absolute reduction target of 7.5% for Scope 1 emissions by 2025, starting from a 2023 baseline. Similarly, a 7.5% absolute reduction target has been set for Scope 2 emissions by 2025. In 2022, Artis began utilising Moody’s Climate on Demand platform to assess property-level climate hazard exposures, including heat stress, water stress, floods, hurricanes, sea level rise, and wildfires, aligning with near-term net-zero ambitions.

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Artis Real Estate Investment Trust’s Climate Goals (2030 & 2050)

4 goals

2025

7.5% reduction in Scope 1

Artis is committed to reducing its environmental impact through enhanced implementation and management of environmental programs and protect…

Behind target7.5%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

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