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OrganisationsKite
Kite logo

Kite

Services Auxiliary to Financial IntermediationUnited StatesNYSE: KRG
Last verified 9 months agokiterealty.com

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.

39
DitchCarbon score

+3 vs industry average

Kite’s score of 39 is higher than 60% 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

0.062
20192025

The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2027

00.0M00.0M00.0M00.0M0

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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

In 2024, Kite Realty Group reported total greenhouse gas emissions of approximately 28,000,000 kg CO2e, comprising 2,617,000 kg CO2e from Scope 1 and 22,473,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 46% by 2030, using 2019 as the base 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. Kite Realty Group's emissions data is sourced from its parent organization, Kite Realty Group Trust, and reflects its commitment to measuring and addressing Scope 3 emissions in the future. The company has consistently reported its emissions, with a total of approximately 29,083,000 kg CO2e in 2023 and 32,209,200 kg CO2e in 2022, indicating a proactive approach to climate accountability and transparency.

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Kite’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Kite yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Kite logoKite
USServices Auxiliary to Financial Intermediation
9 months ago
39
MarketAxess Holdings Inc. logoMarketAxess Holdings Inc.
USServices Auxiliary to Financial Intermediation
2 hours ago
41
View
Tanger logoTanger
USReal Estate Services
12 days ago
33
View
Acadia Realty Trust logoAcadia Realty Trust
USReal Estate Services
1 day ago
29
View
Kimco Realty logoKimco Realty
USReal Estate Services
12 days ago
29
View
PHILLIPS EDISON & COMPANY logoPHILLIPS EDISON & COMPANY
USReal Estate Services
7 days ago
28
View
Weingarten Realty Investors logoWeingarten Realty Investors
USReal Estate Services
12 days ago
26
View

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Ditchcarbonv260319.2
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