CT Real Estate Investment Trust (CT REIT), headquartered in Canada, is a prominent player in the real estate investment sector, specialising in the ownership and management of income-generating properties. Founded in 2013, the trust has rapidly established itself as a leader in the Canadian market, focusing primarily on retail and industrial properties, particularly those leased to Canadian Tire Corporation. With a diverse portfolio that includes strategically located retail spaces and distribution centres, CT REIT distinguishes itself through its long-term lease agreements and strong tenant relationships. The trust's commitment to sustainable practices and community engagement further enhances its market position. Notable achievements include consistent growth in asset value and a robust distribution model, making CT REIT a compelling choice for investors seeking stability in the real estate sector.
How does Ct 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.
Ct Reit's score of 36 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CT REIT reported total carbon emissions of approximately 2,859,600 kg CO2e, with Scope 1 emissions at about 1,041,500 kg CO2e, Scope 2 emissions at around 794,300 kg CO2e, and Scope 3 emissions reaching approximately 1,100,000 kg CO2e. This marks a slight increase from 2022, where total emissions were about 2,751,200 kg CO2e. The company has disclosed emissions data across all three scopes, indicating a comprehensive approach to carbon accounting. However, CT REIT has not set specific reduction targets or initiatives as part of its climate commitments, which may limit its ability to effectively address its carbon footprint in the long term. Overall, CT REIT's emissions reflect the challenges faced by the real estate sector in managing carbon outputs, particularly in Scope 3 categories, which often encompass a significant portion of total emissions. The absence of defined reduction strategies suggests a need for enhanced climate action to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 329,300 | 000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 149,100 | 000,000 | 000,000 | 000,000 |
Scope 3 | 1,340,800 | 00,000 | 000,000 | 0,000,000 |
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.
Ct 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.