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Kite
Services Auxiliary to Financial IntermediationUnited StatesNYSE: KRG
Last verified 11 months agokiterealty.com
Kite Realty Group Trust, commonly known as Kite Realty, is a leading, fully integrated real estate investment trust (REIT) with its headquarters in Indianapolis, Indiana, USA. Founded in 1997, the company specialises in the ownership, operation, acquisition, and development of open-air shopping centres throughout the United States.
Operating within the services auxiliary to financial intermediation sector, Kite Realty Group focuses on a strategic portfolio of necessity-based and omnichannel-focused retail properties. Its unique approach targets vibrant, high-growth markets, leveraging expert property management and strategic development to drive long-term value for investors and communities alike.
40
DitchCarbon score
+3 vs industry average
Kite’s score of 40 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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Industry Intensity
Very Low
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Kite's reported carbon emissions
Kite reported Scope 1 emissions of approximately 2,617,000 kg CO2e and Scope 2 (market-based) emissions of about 20,124,000 kg CO2e for 2024. In 2023, the company's Scope 1 emissions were approximately 2,913,000 kg CO2e, and Scope 2 emissions were around 26,170,000 kg CO2e. For 2022, the company reported Scope 1 emissions of approximately 3,215,300 kg CO2e and Scope 2 (location-based) emissions of about 28,993,900 kg CO2e. This data has not been cascaded from a parent or related organisation.
Kite, classified as an SME, has set near-term Science Based Targets initiative (SBTi) commitments to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using a 2019 base year. The company also commits to measure and reduce its Scope 3 emissions.
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Kite’s Climate Goals (2030 & 2050)
2 goals2030
46% reduction in Scope 2
At risk46%
2030
46% reduction in Scope 1
At risk46%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Kite11 months ago
40
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Frequently asked questions
Common questions about Kite’s sustainability data and climate commitments
Usage policy
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