Choice Properties
Choice Properties Real Estate Investment Trust (REIT) is a leading player in the Canadian real estate sector, headquartered in Toronto, Ontario. Established in 2013, the company has rapidly expanded its portfolio, focusing primarily on retail and residential properties across major urban centres in Canada. With a commitment to sustainable development, Choice Properties offers a diverse range of services, including property management and leasing, which set it apart in the competitive market. The company is known for its strategic partnerships and innovative approaches to real estate, enhancing its position as a trusted name in the industry. Recognised for its robust financial performance and commitment to community engagement, Choice Properties continues to achieve significant milestones, solidifying its reputation as a premier REIT in Canada.
DitchCarbon Score
How does Choice Properties'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
Choice Properties's score of 52 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Choice Properties's reported carbon emissions
In 2023, Choice Properties reported total carbon emissions of approximately 1,000 tonnes CO2e, with emissions distributed across various scopes: 502 tonnes CO2e from Scope 1, 455 tonnes CO2e from Scope 2, and 461 tonnes CO2e from Scope 3, which includes downstream leased assets and purchased goods and services. Over the years, the company has made significant strides in reducing its carbon footprint. From a peak of about 491,900 tonnes CO2e in 2021, emissions have decreased to 466,500 tonnes CO2e in 2022 and further to 1,000 tonnes CO2e in 2023. Choice Properties has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050, using 2019 as the baseline year. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% by 2030 and Scope 3 emissions from purchased goods and services and downstream leased assets by 30% within the same timeframe. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These commitments align with industry standards and reflect a proactive approach to addressing climate change, demonstrating Choice Properties' dedication to sustainability and environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 42,400,000 | 0,000,000 | 0,000 | 0,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 6,000,000 | 00,000,000 | 0,000 | 0,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 1,700,000 | 000,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 |
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.
Choice Properties is committed to some reduction initiatives 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.
