Kite
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 34 is higher than 56% 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 2023, Kite Realty Group reported total carbon emissions of approximately 29,677,000 kg CO2e. This figure includes Scope 1 emissions of about 3,041,000 kg CO2e and Scope 2 emissions of approximately 23,937,000 kg CO2e, based on a market-based approach. In 2022, the company’s total emissions were about 32,209,200 kg CO2e, with Scope 1 emissions at approximately 3,215,300 kg CO2e and Scope 2 emissions at around 28,993,900 kg CO2e (location-based). 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 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 reduction targets are sourced from Kite Realty Group Trust, with no cascaded data from a parent organization. The company is actively working towards its sustainability goals within the real estate sector in the United States.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,215,300 | 0,000,000 |
| Scope 2 | 28,993,900 | 00,000,000 |
| Scope 3 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
