MGM Growth Properties LLC, commonly referred to as MGM Growth, is a prominent real estate investment trust (REIT) headquartered in the United States. Founded in 2016, the company focuses on acquiring and leasing gaming and entertainment properties, primarily in major markets across the US. With a robust portfolio that includes iconic destinations, MGM Growth has established itself as a leader in the gaming and hospitality industry. The company’s unique approach to property management and leasing sets it apart, offering long-term, triple-net leases that provide stable cash flows. Notable achievements include strategic partnerships with renowned brands and a commitment to enhancing shareholder value. As a key player in the REIT sector, MGM Growth Properties continues to expand its influence, driving growth and innovation in the dynamic landscape of entertainment real estate.
How does MGM Growth Properties LLC'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 Real Estate Services 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.
MGM Growth Properties LLC's score of 18 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, MGM Growth Properties LLC reported total carbon emissions of approximately 393,300,000 kg CO2e, comprising about 93,960,000 kg CO2e from Scope 1 emissions and about 299,703,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2018, the total emissions were about 420,000,000 kg CO2e, with Scope 1 emissions at approximately 94,828,000 kg CO2e and Scope 2 emissions at around 325,471,000 kg CO2e. This indicates a slight reduction in total emissions from 2018 to 2019. MGM Growth Properties LLC has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while MGM Growth Properties LLC has made some progress in emissions reporting, further commitments and reduction strategies will be essential for aligning with industry standards and addressing climate change effectively.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
MGM Growth Properties LLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
