Public Profile

Interrent Reit

Interrent Reit, also known as Interrent Real Estate Investment Trust, is a prominent player in the Canadian real estate sector, headquartered in California. Founded in 2013, the company has rapidly established itself in the residential rental market, focusing on the acquisition and management of multi-family properties across key urban regions in Canada. Specialising in high-quality rental apartments, Interrent Reit distinguishes itself through its commitment to sustainable development and tenant satisfaction. The company has achieved significant milestones, including a robust portfolio that reflects its strategic growth and market adaptability. With a strong emphasis on operational excellence, Interrent Reit has garnered recognition for its innovative approach to property management, positioning itself as a leader in the competitive real estate landscape.

DitchCarbon Score

How does Interrent 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.

35

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.

3

Industry Benchmark

Interrent Reit's score of 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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Interrent Reit's reported carbon emissions

In 2023, Interrent REIT reported total carbon emissions of approximately 27,000,000 kg CO2e, comprising 25,998,000 kg CO2e from Scope 1 emissions and 1,615,000 kg CO2e each from Scope 2 and Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 26,862,000 kg CO2e in 2022, while Scope 2 emissions remained relatively stable, decreasing from 1,583,000 kg CO2e in 2022. Interrent REIT has not set any long-term reduction targets or committed to net-zero emissions. Their near-term targets have been removed, indicating a lack of formalised climate commitments at this time. The company operates within the real estate sector in Canada and has not disclosed specific initiatives aimed at reducing their carbon footprint. Overall, while Interrent REIT has made some progress in emissions reporting, their climate commitments appear limited, with no current targets in place to drive significant reductions in their carbon emissions.

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2020202120222023
Scope 1
22,388,000
00,000,000
00,000,000
00,000,000
Scope 2
808,000
0,000,000
0,000,000
0,000,000
Scope 3
-
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Interrent Reit's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Interrent Reit is in CA, which has a low grid carbon intensity relative to other regions.

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.

Interrent 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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