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.
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 38 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Interrent Reit's reported carbon emissions
In 2023, Interrent REIT reported total carbon emissions of approximately 25,998,000 kg CO2e, comprising 25,998,000 kg CO2e from Scope 1 and 1,615,000 kg CO2e from Scope 2 emissions, alongside an equal amount of 1,615,000 kg CO2e attributed to Scope 3 emissions. This marks a slight decrease in emissions intensity, with a GHG emissions intensity of about 22.93 kg CO2e per square foot of revenue. Over the past few years, Interrent REIT has shown a trend of increasing emissions, with total emissions rising from 23,196,000 kg CO2e in 2020 to 25,046,000 kg CO2e in 2021, and further to 25,046,000 kg CO2e in 2022. Despite this increase, the company has committed to near-term climate targets, although specific reduction targets have not been disclosed. Notably, they have not committed to a net-zero target. Interrent REIT's climate commitments reflect a growing awareness of sustainability within the real estate sector, although their current status indicates that previous near-term commitments have been removed or expired. The company continues to monitor and report on its emissions, aligning with industry standards for transparency and accountability in climate action.
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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 | - | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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 committed to some 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.
