H&R REIT
H&R REIT, officially known as H&R Real Estate Investment Trust, is a prominent player in the Canadian real estate sector, headquartered in Calgary, Alberta. Founded in 1996, the REIT has established a strong presence across major operational regions, including Canada and the United States, focusing on diversified property investments. Specialising in retail, office, and industrial properties, H&R REIT distinguishes itself through its strategic acquisitions and management of high-quality assets. The company has achieved significant milestones, including a robust portfolio that reflects its commitment to sustainable growth and innovation in the real estate market. With a reputation for reliability and performance, H&R REIT continues to solidify its market position, making it a noteworthy entity in the real estate investment landscape.
DitchCarbon Score
How does H&R 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.
Industry Average
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.
Industry Benchmark
H&R REIT's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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H&R REIT's reported carbon emissions
In 2022, H&R REIT reported total carbon emissions of approximately 68,000,000 kg CO2e, comprising 10,650,000 kg CO2e from Scope 1, 15,427,000 kg CO2e from Scope 2, and 52,849,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions were primarily driven by downstream leased assets, which accounted for about 51,560,000 kg CO2e. H&R REIT has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by the end of 2025. Additionally, the company targets a 30% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline year. These initiatives reflect H&R REIT's commitment to sustainability and align with industry standards for climate action. The emissions data is sourced directly from H&R Real Estate Investment Trust, with no cascading from a parent organization. The company continues to focus on enhancing its sustainability practices while addressing its carbon footprint effectively.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 28,670,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 57,057,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
H&R 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.
