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.
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.
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.
H&R REIT's score of 10 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, H&R REIT reported total carbon emissions of approximately 53,849,000 kg CO2e globally. This figure includes 10,650,000 kg CO2e from Scope 1 emissions, 15,427,000 kg CO2e from Scope 2 emissions (market-based), and 52,849,000 kg CO2e from Scope 3 emissions. In 2021, the REIT's global emissions were about 99,105,000 kg CO2e, with Scope 1 emissions at 26,789,000 kg CO2e, Scope 2 emissions at approximately 51,823,000 kg CO2e, and Scope 3 emissions at 22,898,000 kg CO2e. This indicates a significant reduction in total emissions from 2021 to 2022. H&R REIT has not publicly disclosed specific reduction targets or initiatives, nor have they committed to the Science Based Targets initiative (SBTi). Their climate commitments remain vague, with no documented reduction targets available. The company operates within a sector increasingly focused on sustainability, highlighting the importance of transparent climate strategies in real estate investment trusts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 20,127,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 41,570,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 4,209,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
H&R REIT is not committed to any reduction initiatives 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.