Interrent Reit Sustainability Profile
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.
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
Interrent Reit's score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Interrent Reit's reported carbon emissions
In 2023, Interrent REIT reported total carbon emissions of approximately 27,593,000 kg CO2e, comprising about 25,998,000 kg CO2e from Scope 1 and about 1,615,000 kg CO2e from Scope 2 emissions. This marks a reduction from 2022, where emissions were approximately 28,493,000 kg CO2e, with Scope 1 emissions at about 26,862,000 kg CO2e and Scope 2 at about 1,583,000 kg CO2e. Interrent REIT has not disclosed any Scope 3 emissions data. The company has committed to near-term climate targets, although specific reduction targets have not been detailed. Notably, they have not committed to a net-zero target as of now. The emissions data is sourced directly from InterRent Real Estate Investment Trust, with no cascading from a parent organization. The company operates within the real estate sector in Canada and is actively working towards improving its sustainability practices.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| 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 | - | - | - | - |
How Carbon Intensive is Interrent Reit's Industry?
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Interrent Reit's Climate Goals (2030 & 2050)
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.
Interrent 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.
Frequently Asked Questions
Common questions about Interrent Reit's sustainability data and climate commitments