Artis Real Estate Investment Trust Sustainability Profile
Artis Real Estate Investment Trust, commonly referred to as Artis REIT, is a prominent player in the Canadian real estate sector, headquartered in Calgary, Alberta. Founded in 2004, the trust has established a strong presence across key markets in Canada and the United States, focusing on the acquisition, development, and management of high-quality commercial properties. Artis REIT primarily invests in retail, office, and industrial properties, offering a diversified portfolio that appeals to a wide range of investors. The trust is recognised for its strategic approach to property management and its commitment to sustainable practices, setting it apart in a competitive industry. With a solid track record of growth and a focus on delivering value to unitholders, Artis REIT continues to strengthen its market position, making it a noteworthy entity in the real estate investment landscape.
DitchCarbon Score
How does Artis Real Estate Investment Trust'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
Artis Real Estate Investment Trust's score of 37 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Artis Real Estate Investment Trust's reported carbon emissions
In 2024, Artis Real Estate Investment Trust reported total carbon emissions of approximately 32,837,950 kg CO2e, comprising 26,217,040 kg CO2e from Scope 1 and 56,641,910 kg CO2e from Scope 2. For the previous year, 2023, the emissions in Canada were about 29,270,000 kg CO2e for Scope 1 and 26,853,000 kg CO2e for Scope 2. The global emissions for 2023 were approximately 20,212,550 kg CO2e from Scope 1 and 58,010,460 kg CO2e from Scope 2. Artis has set ambitious near-term reduction targets, aiming for a 7.5% reduction in both Scope 1 and Scope 2 emissions by 2025. This commitment includes the implementation of energy-efficient systems and environmentally friendly practices across its properties. In 2022, Artis began utilising Moody’s Climate on Demand platform to assess climate hazards at the property level, enhancing its understanding of risks such as heat stress and flooding. Artis's emissions data is not cascaded from any parent organisation, indicating that the reported figures are independently sourced. The REIT is actively working towards reducing its environmental impact through strategic initiatives and enhanced management of its environmental programmes.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 23,228,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 51,394,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Artis Real Estate Investment Trust's Industry?
How Carbon Intensive is Artis Real Estate Investment Trust's Location?
Artis Real Estate Investment Trust's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Artis Real Estate Investment Trust has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
