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 67% 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 2,988,800 kg CO2e, comprising 1,041,500 kg CO2e from Scope 1, 794,300 kg CO2e from Scope 2, and 1,100,000 kg CO2e from Scope 3 emissions. This reflects a notable increase in emissions compared to 2022, where total emissions were about 2,685,200 kg CO2e, with Scope 1 at 1,140,500 kg CO2e, Scope 2 at 510,700 kg CO2e, and Scope 3 at 980,500 kg CO2e. CT REIT has set ambitious climate commitments, aiming to support Canadian Tire Corporation (CTC) in constructing new stores that align with a net-zero ready prototype. This initiative targets both Scope 1 and Scope 2 emissions and is set to be implemented from 2023 to 2025. While specific reduction percentages have not been disclosed, the commitment underscores CT REIT's dedication to sustainability and reducing its carbon footprint in the near term. Overall, CT REIT's emissions data and climate commitments reflect a proactive approach to addressing climate change, with a focus on supporting net-zero initiatives within its operational framework.
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.