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 this figure does not provide a comprehensive view of total emissions. HomeCo Daily Needs REIT has not set any formal reduction targets or climate pledges, which suggests a need for further commitment to sustainability initiatives. The absence of specific emissions data and reduction strategies may reflect broader industry challenges in transparency and accountability regarding climate impact. As the organisation operates within the Australian market, it is essential for HomeCo Daily Needs REIT to enhance its climate commitments and establish measurable targets to align with global sustainability trends and expectations.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
HomeCo Daily Needs REIT has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

