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.
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.
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.
Kite's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. This represents a slight decrease from 2023, where total emissions were about 29,083,000 kg CO2e, with Scope 1 emissions at 2,913,000 kg CO2e and Scope 2 emissions at 26,170,000 kg CO2e. Kite Realty Group has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 46% by 2030, using 2019 as the baseline year. This target has been validated 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 for these emissions has not yet been disclosed. The emissions data is sourced from Kite Realty Group Trust, and no cascaded data from a parent company has been reported. The organisation is committed to transparency and accountability in its climate initiatives, reflecting its dedication to sustainability within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 2,275,230 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 18,255,250 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
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.
Kite is participating in some 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.