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.
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.
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.
Canadian Apartment Properties Reit's score of 41 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Canadian Apartment Properties REIT reported total carbon emissions of approximately 99,572,000 kg CO2e. This figure includes 30,683,000 kg CO2e from Scope 1 emissions, 18,547,000 kg CO2e from Scope 2 emissions, and 45,831,000 kg CO2e from Scope 3 emissions. In comparison, the 2022 emissions were about 95,061,000 kg CO2e, with Scope 1 emissions at 30,690,000 kg CO2e, Scope 2 at 19,534,000 kg CO2e, and Scope 3 at 49,348,000 kg CO2e. For the Canadian region specifically, in 2022, the total emissions were reported at approximately 3,506,000 kg CO2e, with Scope 1 emissions of 1,627,000 kg CO2e and Scope 2 emissions of 1,879,000 kg CO2e. Despite these figures, Canadian Apartment Properties REIT has not set specific reduction targets or initiatives as part of their climate commitments, nor do they have any SBTi (Science Based Targets initiative) reduction targets. The organization has not disclosed any significant climate pledges or reduction initiatives, indicating a potential area for future development in their sustainability strategy. Overall, while the emissions data reflects a substantial carbon footprint, the absence of defined reduction targets suggests that Canadian Apartment Properties REIT may need to enhance its climate action commitments to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 69,293,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 4,873,928,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Canadian Apartment Properties Reit is not participating in any of the initiatives that 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.