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 37 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 2023, CT REIT reported total carbon emissions of approximately 14,370,000 kg CO2e. This figure includes Scope 1 emissions of about 1,041,500 kg CO2e, Scope 2 emissions of around 794,300 kg CO2e, and Scope 3 emissions totalling approximately 1,100,000 kg CO2e. Notably, the largest contributor to their Scope 3 emissions was purchased goods and services, accounting for about 82,090,000 kg CO2e. Comparatively, in 2022, CT REIT's total emissions were approximately 14,609,000 kg CO2e, with Scope 1 emissions at about 1,140,500 kg CO2e and Scope 2 emissions at around 510,700 kg CO2e. The Scope 3 emissions for that year were approximately 980,500 kg CO2e. CT REIT 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. This initiative targets both Scope 1 and Scope 2 emissions and is set to be implemented between 2023 and 2025. The organisation has not reported any Science Based Targets Initiative (SBTi) reduction targets, and all emissions data is self-reported without cascading from a parent company. CT REIT continues to focus on reducing its carbon footprint while supporting sustainable construction practices.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 685,300 | 0,000,000 | 0,000,000 |
Scope 2 | 268,500 | 000,000 | 000,000 |
Scope 3 | 29,000 | 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 participating in any of the initiatives that 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.