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CT REIT, officially known as Canadian Tire Real Estate Investment Trust, is a prominent player in the real estate services industry, headquartered in Canada. Established in 2013, CT REIT focuses on the acquisition, development, and management of income-generating properties, primarily in retail and commercial sectors. With a strategic emphasis on properties leased to Canadian Tire Corporation, the trust has carved out a unique niche in the market.
Operating mainly across Canada, CT REIT has achieved significant milestones, including a robust portfolio that enhances its market position. The trust's core offerings include high-quality retail spaces and distribution centres, distinguished by their long-term leases and stable cash flows. Recognised for its commitment to sustainable practices, CT REIT continues to set benchmarks in the real estate sector, making it a trusted name in property investment and management.
-2 vs industry average
Ct Reit’s score of 27 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
CT REIT, a real estate services company headquartered in CA, reported total carbon emissions of approximately 125,364,500 kg CO2e in 2024. This included approximately 1,129,600 kg CO2e from Scope 1 emissions (primarily stationary and mobile combustion), about 823,500 kg CO2e from Scope 2 emissions (market-based), and approximately 123,411,300 kg CO2e from Scope 3 emissions, largely attributable to downstream leased assets.
In 2023, CT REIT's total emissions were approximately 116,749,600 kg CO2e. This comprised around 987,200 kg CO2e from Scope 1 (stationary combustion), about 775,400 kg CO2e from Scope 2 (market-based), and approximately 114,986,900 kg CO2e from Scope 3 (downstream leased assets).
Looking at 2022, the company's Scope 1 emissions were approximately 1,140,500 kg CO2e, Scope 2 emissions were around 510,700 kg CO2e, and Scope 3 emissions were approximately 98,050,000 kg CO2e, with a significant portion from purchased goods and services (87,881,500 kg CO2e) and waste generated in operations (1,100,000 kg CO2e).
CT REIT is committed to supporting Canadian Tire Corporation (CTC) in constructing new Canadian Tire stores to CTC’s net-zero-ready prototype. This near-term net-zero commitment for Scope 1 and Scope 2 emissions began in 2023, with a timeframe extending to 2025.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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