Crombie Reit

Crombie REIT, a Canadian real estate services company, reported total GHG emissions of approximately 215,567,000 kg CO2e in 2025. This includes around 2,430,000 kg CO2e from Scope 1, 9,806,000 kg CO2e from Scope 2 (market-based), and 203,331,000 kg CO2e from Scope 3. In 2024, their total emissions were about 239,788,000 kg CO2e, with Scope 1 at approximately 2,747,000 kg CO2e, Scope 2 (market-based) at 12,774,000 kg CO2e, and Scope 3 at 224,267,000 kg CO2e.

Crombie REIT has set ambitious climate commitments. The company aims for a 50% reduction in Scope 1 and 2 GHG emissions by 2030, using a 2019 baseline. Furthermore, they are committed to a 90% reduction in Scope 1, 2, and 3 GHG emissions by 2050 from a 2019 base year, aligning with a net-zero target by 2050. These targets are approved by the Science Based Targets initiative (SBTi) as consistent with limiting global warming to 1.5°C, using a streamlined validation route for Small and Medium-sized Enterprises (SMEs). For near-term, Crombie REIT commits to reduce Scope 1 and Scope 2 GHG emissions by 46% by 2030 from a 2019 base year.