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Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) is a leading player in the real estate services industry, headquartered in Canada. Established in 1997, CAPREIT has grown to become one of the largest residential landlords in the country, with a significant presence in major urban centres across Canada, including Ontario, Quebec, and British Columbia.
Specialising in the acquisition, development, and management of multi-family residential properties, CAPREIT offers a diverse portfolio that includes apartments, townhomes, and manufactured home communities. What sets CAPREIT apart is its commitment to providing high-quality living spaces and exceptional tenant services, ensuring a strong market position within the competitive real estate landscape. With a focus on sustainable practices and community engagement, CAPREIT continues to achieve notable milestones, reinforcing its reputation as a trusted name in Canadian real estate.
-8 vs industry average
Canadian Apartment Properties Reit’s score of 21 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Canadian Apartment Properties REIT reported total carbon emissions of approximately 121,760,000 kg CO2e in 2022. This included about 99,267,000 kg CO2e from Scope 1 emissions, 19,035,000 kg CO2e from Scope 2 emissions, and 3,458,000 kg CO2e from Scope 3 emissions.
In 2021, the company's total emissions were approximately 117,405,000 kg CO2e, comprising 95,484,000 kg CO2e from Scope 1, 18,500,000 kg CO2e from Scope 2, and 3,421,000 kg CO2e from Scope 3.
Looking back to 2020, Canadian Apartment Properties REIT's total emissions were around 119,981,000 kg CO2e, with 97,249,000 kg CO2e from Scope 1, 19,078,000 kg CO2e from Scope 2, and 3,654,000 kg CO2e from Scope 3.
In 2019, the company's total emissions were approximately 127,763,000 kg CO2e, broken down into 103,734,000 kg CO2e from Scope 1, 19,956,000 kg CO2e from Scope 2, and 4,073,000 kg CO2e from Scope 3.
Regarding climate commitments, Canadian Apartment Properties REIT has developed a portfolio-level plan, aligned with the Science Based Targets initiative (SBTi) and Climate Risk Real Estate Monitor (CRREM), detailing a net-zero pathway for the fund out to 2030 for both Scope 1 and Scope 2 emissions. This commitment was established in 2023.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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