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 significantly higher, totalling around 123,411,300 kg CO2e, predominantly from downstream leased assets. For the Canadian region, CT REIT did not disclose specific emissions data for 2024, but the previous year's report indicated a total GHG intensity of about 44.13 kg CO2e per square foot for 2023. The company has set ambitious near-term climate commitments, aiming to support Canadian Tire Corporation (CTC) in constructing new stores that align with CTC’s net zero ready prototype by 2025. This commitment applies to both Scope 1 and Scope 2 emissions. CT REIT's emissions data is not cascaded from any parent organization, indicating that the reported figures are independently sourced. The company continues to focus on enhancing its sustainability practices while striving to meet its climate targets.
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.
