Granite Real Estate, also known as Granite REIT, is a prominent player in the real estate services industry, headquartered in California. Established in 1997, the company has built a strong reputation for its focus on acquiring, developing, and managing high-quality industrial properties across North America and Europe.
Granite Real Estate stands out for its commitment to sustainable development and innovative property management solutions, catering to a diverse clientele. With a robust portfolio that includes logistics and distribution centres, the company has achieved significant milestones, positioning itself as a leader in the industrial real estate sector.
Recognised for its strategic growth and operational excellence, Granite Real Estate continues to expand its market presence, delivering exceptional value to investors and tenants alike.
-13 vs industry average
Granite Real Estate’s score of 16 is lower than 32% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Granite Real Estate's reported carbon emissions
In 2022, Granite Real Estate, an organisation operating in the Real estate services (70) industry and headquartered in CA, reported a total of approximately 64.8 million kg CO2e in carbon emissions. This encompassed Scope 1 emissions totalling approximately 513,000 kg CO2e, Scope 2 emissions of about 6.0 million kg CO2e, and Scope 3 emissions amounting to approximately 90.1 million kg CO2e.
For the year 2021, Granite Real Estate's total emissions were approximately 78.7 million kg CO2e. This included Scope 1 emissions of about 459,000 kg CO2e, Scope 2 emissions of approximately 5.8 million kg CO2e, and Scope 3 emissions at roughly 72.5 million kg CO2e.
Emissions data for 2020 and 2019 were not disclosed in the provided information. Granite Real Estate has not published specific reduction targets or joined climate initiatives such as the SBTi or the Climate Pledge according to the available data. The company's emissions data is not cascaded from a parent organisation.
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Granite Real Estate’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Granite Real Estate yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Granite Real Estate
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