CareTrust REIT, Inc.
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 16 is lower than 72% 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 2023, CareTrust REIT, Inc. reported significant carbon emissions, specifically 30,935,000 kg CO2e from Scope 3 emissions related to downstream leased assets. This figure reflects a slight increase from 30,659,000 kg CO2e in 2022, indicating a need for enhanced sustainability measures. The company has set ambitious climate commitments, aiming for carbon neutrality by 2040 for Scope 1 emissions and by 2035 for Scope 2 emissions. Additionally, CareTrust is committed to achieving net-zero emissions for Scope 3 upstream emissions by 2050. These targets demonstrate a proactive approach to addressing climate change and reducing their overall carbon footprint. CareTrust REIT, Inc. has not disclosed any Scope 1 or Scope 2 emissions data, which may limit the comprehensiveness of their carbon reporting. However, their focus on downstream emissions and long-term reduction goals aligns with industry standards for climate action. The company's initiatives reflect a growing recognition of the importance of sustainability in the real estate investment trust sector.
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.
CareTrust REIT, Inc. 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.
