Federal Realty Investment Trust

Federal Realty Investment Trust reported total emissions for 2020 at approximately 34.47 million kg CO2e. This figure includes Scope 1 emissions of approximately 3.15 million kg CO2e, Scope 2 emissions of about 14.88 million kg CO2e, and Scope 3 emissions of approximately 16.45 million kg CO2e.

The company has set several climate commitments. It aims for an approximate 22% reduction in Scope 1 and 2 GHG emissions between 2019 and 2021. Furthermore, Federal Realty Investment Trust has committed to achieving net-zero Scope 1 and 2 emissions by 2050. The company also states that it achieved a 39% year-over-year reduction in like-for-like Scope 1 and 2 greenhouse gas emissions, achieving its reduction target three years early, through the aggressive use of green power purchasing.

Federal Realty Investment Trust has Science Based Targets initiative (SBTi) approved near-term targets. As an SME, it commits to reducing Scope 1 and Scope 2 GHG emissions by 46% by 2030, from a 2019 base year. It also commits to measuring and reducing its Scope 3 emissions. These targets are consistent with reductions required to keep global warming to 1.5°C.