H&R REIT

H&R REIT, a Canadian real estate services company, reported Scope 1 emissions of 10,127,000 kg CO2e and market-based Scope 2 emissions of 15,945,000 kg CO2e in 2024. Scope 3 emissions for the same year were 172,404,000 kg CO2e, including 32,838,000 kg CO2e from upstream leased assets and 1,729,000 kg CO2e from waste generated in operations.

The company has set ambitious climate commitments. H&R REIT aims to reduce its Scope 1 and Scope 2 emissions to near zero by the end of 2025. Additionally, it targets a 30% reduction in absolute Scope 1 emissions by 2030 from a 2019 baseline and a 30% reduction in absolute Scope 2 emissions by 2030 from a 2019 baseline.

In 2023, H&R REIT's Scope 1 emissions were 9,124,000 kg CO2e, market-based Scope 2 emissions were 15,855,000 kg CO2e, and Scope 3 emissions were 67,305,000 kg CO2e. This followed 2022 figures of 10,650,000 kg CO2e for Scope 1, 15,427,000 kg CO2e for market-based Scope 2, and 52,849,000 kg CO2e for Scope 3. The 2022 Scope 3 emissions included 51,560,000 kg CO2e from downstream leased assets, 828,000 kg CO2e from waste generated in operations, and 461,000 kg CO2e from upstream transportation and distribution.