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 92% 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 2,859,600 kg CO2e. This figure includes 1,041,500 kg CO2e from Scope 1 emissions, 794,300 kg CO2e from Scope 2 emissions, and 1,100,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from purchased goods and services, accounting for about 82,090,000 kg CO2e, and waste generated in operations, which contributed approximately 1,023,900 kg CO2e. Comparatively, in 2022, CT REIT's total emissions were about 2,751,200 kg CO2e, with Scope 1 emissions at 1,140,500 kg CO2e, Scope 2 at 510,700 kg CO2e, and Scope 3 at 980,500 kg CO2e. This indicates a slight increase in total emissions year-on-year. CT REIT has set ambitious climate commitments, aiming for net-zero readiness in collaboration with Canadian Tire Corporation (CTC). Starting in 2024, they plan to construct new Canadian Tire stores based on CTC's net-zero ready prototype, which will encompass both Scope 1 and Scope 2 emissions reductions. This initiative is expected to be implemented by 2025. Overall, CT REIT is actively working towards reducing its carbon footprint while supporting sustainable construction practices in the retail sector.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 329,300 | 000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 149,100 | 000,000 | 000,000 | 000,000 |
Scope 3 | 1,340,800 | 00,000 | 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.