Artis Real Estate Investment Trust
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 25 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Artis Real Estate Investment Trust's reported carbon emissions
In 2022, Artis Real Estate Investment Trust reported total carbon emissions of approximately 38,951,000 kg CO2e from Scope 1 and 51,912,000 kg CO2e from Scope 2. This marked a notable increase in emissions compared to 2021, where Scope 1 emissions were about 23,228,000 kg CO2e and Scope 2 emissions were approximately 51,394,000 kg CO2e. Despite the increase in emissions, Artis REIT has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of Scope 3 emissions data suggests a potential area for future reporting and improvement. Artis REIT's commitment to addressing climate change remains unclear, as they have not publicly committed to any climate pledges or reduction targets. As the industry increasingly prioritises sustainability, Artis REIT may need to enhance its climate strategy to align with evolving standards and stakeholder expectations.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 23,228,000 | 00,000,000 |
| Scope 2 | 51,394,000 | 00,000,000 |
| Scope 3 | - | - |
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.
Artis Real Estate Investment Trust 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.
