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 43 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, CT Real Estate Investment Trust (CT REIT) reported total global emissions of approximately 125,364,500 kg CO2e. This includes Scope 1 emissions of about 1,129,600 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 823,500 kg CO2e. Notably, Scope 3 emissions were significant, totalling around 123,411,300 kg CO2e, with downstream leased assets contributing the entirety of this figure. In comparison, the previous year, 2023, CT REIT's total global emissions were about 116,749,600 kg CO2e, with Scope 1 emissions at approximately 987,200 kg CO2e and Scope 2 emissions at around 775,400 kg CO2e. The Scope 3 emissions for 2023 were primarily driven by downstream leased assets, amounting to about 114,986,900 kg CO2e. CT REIT has set ambitious near-term climate commitments, aiming to support Canadian Tire Corporation (CTC) in constructing new stores to meet net-zero ready standards for both Scope 1 and Scope 2 emissions. This initiative is part of their broader strategy to enhance sustainability and reduce carbon footprints in their operations. The emissions data is not cascaded from any parent organization, indicating that CT REIT independently reports its emissions and climate commitments. The company continues to focus on improving its environmental performance while aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 685,300 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 2 | 268,500 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 29,000 | 000,000 | 000,000,000 | 000,000,000 |
Ct Reit's Scope 3 emissions, which increased by 7% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Leased Assets" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ct Reit has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

