HomeCo Daily Needs REIT, headquartered in Australia, is a prominent player in the real estate investment trust (REIT) sector, focusing on the daily needs retail market. Founded in 2019, the company has quickly established itself as a leader in the acquisition and management of retail properties that cater to essential consumer needs, primarily in metropolitan and regional areas across Australia. Specialising in convenience-based retail assets, HomeCo Daily Needs REIT offers a unique portfolio that includes supermarkets, pharmacies, and other essential services. This strategic focus not only enhances community accessibility but also positions the company favourably within the competitive landscape. With a commitment to sustainable growth and community engagement, HomeCo Daily Needs REIT continues to achieve significant milestones, solidifying its reputation as a trusted name in the Australian retail property market.
How does HomeCo Daily Needs 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.
HomeCo Daily Needs REIT's score of 11 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, HomeCo Daily Needs REIT reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, Scope 2, and Scope 3 emissions figures. The organisation's emissions intensity was noted at approximately 29,920 kg CO2e per square metre, but no absolute emissions numbers were provided. HomeCo Daily Needs REIT has not set any formal reduction targets or climate pledges, and there are no initiatives reported under the Science Based Targets initiative (SBTi) or other climate frameworks. The absence of emissions data suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As of now, HomeCo Daily Needs REIT does not inherit emissions data from a parent company, and all information is sourced directly from the organisation itself. The company is encouraged to establish clear climate commitments and reduction targets to align with industry standards and enhance its sustainability profile.
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.
HomeCo Daily Needs 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.