City Office Reit
City Office REIT, Inc., a prominent player in the real estate investment trust (REIT) sector, is headquartered in California and primarily operates across key markets in the United States. Founded in 2013, the company focuses on acquiring, owning, and managing high-quality office properties, particularly in urban and suburban locations that exhibit strong demand dynamics. With a portfolio that emphasises value creation through strategic asset management, City Office REIT distinguishes itself by targeting properties in markets with robust economic fundamentals. The firm has achieved notable milestones, including a successful public listing and consistent growth in its asset base. Recognised for its commitment to sustainability and tenant satisfaction, City Office REIT continues to solidify its position as a leader in the office real estate market, catering to a diverse range of tenants and fostering long-term relationships.
DitchCarbon Score
How does City Office 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
City Office Reit's score of 6 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
City Office Reit's reported carbon emissions
In 2023, City Office REIT reported significant carbon emissions, with Scope 1 emissions reaching approximately 401,000,000,000 kg CO2e and Scope 2 emissions at about 30,672,000,000,000 kg CO2e. This marks a substantial increase compared to 2021, when Scope 1 emissions were about 663,000 kg CO2e and Scope 2 emissions totalled approximately 28,318,000 kg CO2e. Despite the lack of specific reduction targets or initiatives disclosed, City Office REIT is committed to addressing its carbon footprint. The company has not outlined any science-based targets or climate pledges, indicating a potential area for future development in their sustainability strategy. As a real estate investment trust headquartered in California, City Office REIT operates within an industry increasingly focused on reducing greenhouse gas emissions and enhancing climate resilience. The substantial emissions figures highlight the importance of implementing effective strategies to mitigate environmental impact moving forward.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 663,000 | 000,000,000,000 |
| Scope 2 | 28,318,000 | 00,000,000,000,000 |
| 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.
City Office Reit is not committed to any 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.
