Kite Sustainability Profile
Kite Realty Group Trust, commonly referred to as Kite, is a prominent player in the real estate investment trust (REIT) sector, headquartered in the United States. Founded in 2004, Kite has established a strong presence in major operational regions across the country, focusing primarily on the acquisition, development, and management of retail and mixed-use properties. Kite's portfolio is distinguished by its commitment to creating vibrant community spaces that enhance the shopping experience. The company has achieved significant milestones, including a successful public listing and strategic partnerships that have bolstered its market position. With a keen eye for innovation and sustainability, Kite Realty continues to set itself apart in the competitive landscape of commercial real estate, making it a noteworthy entity in the industry.
DitchCarbon Score
How does Kite'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 Services Auxiliary to Financial Intermediation 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
Kite's score of 50 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kite's reported carbon emissions
In 2024, Kite Realty Group reported total greenhouse gas emissions of approximately 25,090,000 kg CO2e, comprising 2,617,000 kg CO2e from Scope 1 and 22,473,000 kg CO2e from Scope 2 emissions. The previous year, 2023, saw total emissions of about 29,677,000 kg CO2e, with Scope 1 emissions at 3,041,000 kg CO2e and Scope 2 emissions at 26,636,000 kg CO2e. This indicates a significant reduction in emissions from 2023 to 2024. Kite Realty Group has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using 2019 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. The company also plans to measure and address its Scope 3 emissions, although specific data on these emissions has not yet been disclosed. The emissions data and targets are sourced from Kite Realty Group Trust, reflecting the company's commitment to transparency and accountability in its climate strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,765,500 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 29,512,200 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Kite's Industry?
How Carbon Intensive is Kite's Location?
Kite'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.
Kite has established climate goals through participation in recognized frameworks and target-setting initiatives. 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 Kite's sustainability data and climate commitments