CareTrust REIT, Inc. Sustainability Profile
CareTrust REIT, Inc., a prominent real estate investment trust (REIT), is headquartered in the United States and primarily operates in the healthcare sector. Founded in 2014, the company has quickly established itself as a leader in the acquisition, ownership, and management of senior housing and healthcare properties across the nation. With a diverse portfolio that includes skilled nursing facilities, assisted living communities, and other healthcare-related assets, CareTrust REIT is distinguished by its commitment to quality and operational excellence. The company focuses on partnering with experienced operators to enhance the care and services provided to residents. Recognised for its strong market position, CareTrust REIT has achieved significant milestones, including a successful public listing and consistent growth in its asset base. Its strategic approach to real estate investment in the healthcare industry underscores its dedication to meeting the evolving needs of an ageing population.
DitchCarbon Score
How does CareTrust REIT, Inc.'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
CareTrust REIT, Inc.'s score of 19 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CareTrust REIT, Inc.'s reported carbon emissions
In 2024, CareTrust REIT, Inc. reported total emissions of approximately 10,151,000 kg CO2e for Scope 1, primarily from process emissions, and about 18,657,000 kg CO2e for Scope 2, attributed to purchased electricity. This reflects a commitment to transparency in their carbon footprint, with emissions data disclosed for both scopes. For 2023, the company recorded similar emissions, with Scope 1 emissions at approximately 10,953,000 kg CO2e and Scope 2 emissions at about 19,982,000 kg CO2e in the US. This consistency in reporting highlights their ongoing efforts to monitor and manage their carbon emissions. CareTrust REIT has set ambitious climate commitments, aiming for carbon neutrality by 2040 for Scope 1 emissions and by 2035 for Scope 2 emissions. Additionally, they are committed to achieving net-zero emissions for Scope 3 upstream emissions by 2050. These targets demonstrate a proactive approach to climate action and align with industry standards for sustainability. The company does not currently disclose Scope 3 emissions data, but their long-term reduction initiatives reflect a comprehensive strategy to address their overall environmental impact. CareTrust REIT's climate commitments are not cascaded from any parent organisation, indicating an independent approach to their sustainability goals.
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CareTrust REIT, Inc.'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.
CareTrust REIT, Inc. 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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