Crombie Real Estate Investment Trust (Crombie REIT), headquartered in Canada, is a prominent player in the real estate investment sector. Established in 2006, the REIT focuses on acquiring, owning, and managing a diversified portfolio of income-producing properties across major Canadian markets, including retail, office, and industrial spaces. Crombie REIT distinguishes itself through its commitment to sustainability and community engagement, ensuring that its developments meet the highest standards of environmental responsibility. With a robust portfolio that includes over 300 properties, the company has achieved significant milestones, including consistent growth in its asset base and a strong market presence. Recognised for its strategic acquisitions and innovative property management, Crombie REIT continues to solidify its position as a leader in the Canadian real estate industry.
How does Crombie 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.
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.
Crombie Reit's score of 39 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Crombie REIT reported total carbon emissions of approximately 236,314 kg CO2e. This figure includes about 181,64 kg CO2e from Scope 1 and 2 emissions, while Scope 3 emissions accounted for approximately 531,663 kg CO2e. Crombie REIT has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 46% by 2030, using 2019 as the baseline year. Furthermore, the company is committed to achieving net-zero emissions by 2050, with a target to reduce total emissions (Scope 1, 2, and 3) by 90% from the same base year. These targets have been validated through the Science Based Targets initiative (SBTi), aligning with the goal of limiting global warming to 1.5°C. Crombie REIT's proactive approach to measuring and reducing its carbon footprint reflects its commitment to sustainability and responsible real estate management in Canada.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2021 | 2022 | 2023 | |
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Scope 1 | - | - | - | - |
Scope 2 | - | - | - | - |
Scope 3 | 334,860 | 000,000,000 | 000,000 | 000,000 |
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.
Crombie Reit 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.