Choice Properties
Choice Properties Real Estate Investment Trust (REIT), headquartered in California, is a prominent player in the Canadian real estate sector. Founded in 2013, the company has rapidly established itself as a leader in the ownership, management, and development of retail and residential properties across major urban regions in Canada. With a diverse portfolio that includes grocery-anchored shopping centres and multi-family residential buildings, Choice Properties stands out for its strategic partnerships and commitment to sustainability. The company’s focus on high-quality assets and its innovative approach to property management have garnered significant recognition within the industry. As a key participant in the Canadian REIT market, Choice Properties has achieved notable milestones, including a robust market position and a reputation for delivering consistent returns to its investors.
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 57 is higher than 99% 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 a total of approximately 1,007,500 kg CO2e in emissions, with Scope 1 emissions at about 502,400 kg CO2e, Scope 2 emissions at approximately 455,100 kg CO2e, and Scope 3 emissions from downstream leased assets and purchased goods and services contributing to the total. Over recent years, the company has made significant strides in reducing its carbon footprint. From a peak of about 491,900,000 kg CO2e in 2021, emissions have decreased to approximately 466,500,000 kg CO2e in 2022, indicating a commitment to sustainability. Choice Properties has set ambitious climate targets, committing to achieve net-zero greenhouse gas emissions across its value chain by 2050, using 2019 as the baseline year. Near-term goals include a 50% reduction in absolute Scope 1 and 2 emissions by 2030, alongside a 30% reduction in Scope 3 emissions from purchased goods and services and downstream leased assets. Long-term targets aim for 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, ensuring that Choice Properties remains a responsible player in the real estate sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 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.
