Canadian Apartment Properties Reit Sustainability Profile
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) is a leading player in the Canadian real estate sector, headquartered in Toronto, Ontario. Established in 1997, CAPREIT has grown to become one of the largest residential landlords in Canada, with a diverse portfolio that spans major urban centres across the country. Specialising in the acquisition, development, and management of multi-family residential properties, CAPREIT offers a unique blend of quality living spaces and exceptional tenant services. The company is recognised for its commitment to sustainability and community engagement, setting it apart in a competitive market. With a strong market position and a track record of consistent growth, CAPREIT has achieved notable milestones, including its inclusion in the S&P/TSX Composite Index. This reputation for reliability and excellence makes CAPREIT a preferred choice for both investors and residents alike.
DitchCarbon Score
How does Canadian Apartment Properties Reit'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
Canadian Apartment Properties Reit's score of 32 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Canadian Apartment Properties Reit's reported carbon emissions
In 2022, Canadian Apartment Properties REIT (CAPREIT) reported total carbon emissions of approximately 3,506,000 kg CO2e. This figure comprises 1,627,000 kg CO2e from Scope 1 emissions and 1,879,000 kg CO2e from Scope 2 emissions. Notably, there is no reported data for Scope 3 emissions. CAPREIT has not established specific reduction targets or initiatives as part of its climate commitments, and there are no SBTi (Science Based Targets initiative) reduction targets in place. The organisation's emissions data is sourced directly from the Canadian Apartment Properties Real Estate Investment Trust, with no cascading from a parent company. Overall, CAPREIT's emissions reflect its operational impact, and the absence of defined reduction strategies indicates a potential area for future climate action and commitment.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 103,734,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 19,956,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 4,073,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Canadian Apartment Properties Reit's Industry?
How Carbon Intensive is Canadian Apartment Properties Reit's Location?
Canadian Apartment Properties Reit'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.
Canadian Apartment Properties Reit 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.
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