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 35 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Kite Realty Group reported total carbon emissions of approximately 29,677,000 kg CO2e. This figure includes about 3,041,000 kg CO2e from Scope 1 emissions and approximately 26,636,000 kg CO2e from Scope 2 emissions. The previous year, 2022, saw total emissions of about 32,209,200 kg CO2e, with Scope 1 at approximately 3,215,300 kg CO2e and Scope 2 at around 28,993,900 kg CO2e. In 2021, the total emissions were about 20,530,480 kg CO2e, with Scope 1 emissions of approximately 2,275,230 kg CO2e and Scope 2 emissions of about 18,255,250 kg CO2e. 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 validated by the Science Based Targets initiative (SBTi) and aligns with the reductions necessary to limit global warming to 1.5°C. Additionally, the company is committed to measuring and reducing its Scope 3 emissions, further enhancing its sustainability efforts in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 2,275,230 | 0,000,000 | 0,000,000 |
Scope 2 | 18,255,250 | 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 committed to some reduction initiatives 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.