Canadian Apartment Properties Reit
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 27 is higher than 86% 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 121,760,000 kg CO2e. This figure includes about 99,267,000 kg CO2e from Scope 1 emissions and approximately 19,035,000 kg CO2e from Scope 2 emissions. The total emissions represent an increase from 2021, when emissions were about 117,405,000 kg CO2e, with Scope 1 emissions at approximately 95,484,000 kg CO2e and Scope 2 emissions at about 18,500,000 kg CO2e. CAPREIT has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of defined climate commitments or science-based targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the real estate sector increasingly prioritises sustainability, CAPREIT's future commitments will be crucial in aligning with industry standards and addressing climate change effectively.
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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 | - | - | - | - |
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.
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.
