Kimco Realty Corporation, a leading player in the retail real estate sector, is headquartered in the United States. Founded in 1989, the company has established a strong presence across major operational regions, including the East Coast, West Coast, and parts of Canada. Specialising in the acquisition, development, and management of shopping centres, Kimco Realty is renowned for its commitment to enhancing community experiences through well-located retail spaces.
With a diverse portfolio that includes over 400 properties, Kimco Realty stands out for its focus on sustainability and innovation in retail environments. The company has achieved notable milestones, such as being one of the first publicly traded real estate investment trusts (REITs) to adopt a comprehensive sustainability strategy. As a result, Kimco Realty has solidified its market position, consistently recognised for its operational excellence and community engagement initiatives.
+1 vs industry average
Kimco Realty’s score of 29 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2029
Reported emissions
Scope 3 accounts for ••• of total emissions.
Kimco Realty's reported carbon emissions
In 2026, Kimco Realty reported approximately 20 million kg CO2e in combined Scope 1 and Scope 2 emissions. This figure reflects a significant reduction from previous years, with emissions recorded at approximately 25 million kg CO2e in 2025 and about 30 million kg CO2e in 2024. The company has set ambitious climate commitments, aiming to achieve net zero Scope 1 and 2 greenhouse gas emissions by 2050. Additionally, Kimco Realty has committed to reducing its Scope 1 and 2 emissions by 30% from a 2018 baseline by the year 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to ensure that the company's operations contribute to limiting global warming to well below 2°C. While Kimco Realty has not disclosed specific Scope 3 emissions data, it has expressed intentions to measure and address these emissions in the future. The company's climate strategy reflects a proactive approach to sustainability within the real estate sector, demonstrating a commitment to reducing its carbon footprint and enhancing environmental performance.
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Kimco Realty’s Climate Goals (2030 & 2050)
5 goals2030
30% reduction in all scopes
Reduce Scope 1 and 2 GHG emissions by 30% from 2018 to 2030, and achieve net zero Scope 1 and 2 GHG emissions by 2050
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Kimco Realty
Frequently asked questions
Common questions about Kimco Realty’s sustainability data and climate commitments
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