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 27 is higher than 55% 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 at about 26,862,000 kg CO2e and Scope 2 at about 1,583,000 kg CO2e. Interrent REIT has not set any net-zero commitments and currently has no long-term reduction targets. However, they have made a near-term commitment to reduce emissions, although this commitment has been recently removed. The company operates within the real estate sector in Canada and is aligned with the Science Based Targets initiative (SBTi) for its climate commitments, although specific targets are not detailed. The emissions data is sourced directly from InterRent Real Estate Investment Trust, with no cascading from a parent organization. The company continues to focus on improving its sustainability practices while navigating the complexities of carbon emissions in the real estate industry.
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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 | - | - | - | - |
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 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.
