Minto Apartment Real Estate Investment Trust (Minto Apartment REIT), headquartered in California, is a prominent player in the Canadian real estate sector, focusing on the acquisition, development, and management of multi-residential properties. Founded in 2019, the REIT has quickly established itself as a leader in the market, with a diverse portfolio primarily located in major urban centres across Canada. Minto Apartment REIT offers a unique blend of high-quality rental apartments, emphasising sustainability and community engagement. Its commitment to enhancing tenant experiences and maintaining environmentally responsible practices sets it apart in the competitive landscape. With a strong market position, Minto Apartment REIT continues to achieve notable milestones, reflecting its dedication to growth and innovation in the real estate investment industry.
How does Minto Apartment Real Estate Investment Trust'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.
Minto Apartment Real Estate Investment Trust's score of 23 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Minto Apartment Real Estate Investment Trust (REIT), headquartered in Canada, reported total carbon emissions of approximately 23,083,000 kg CO2e for Scope 1 and about 2,975,000 kg CO2e for Scope 2. This data reflects their commitment to transparency in environmental impact, although no Scope 3 emissions data was disclosed. Comparatively, in 2022, Minto's emissions were slightly higher, with Scope 1 emissions at about 23,945,000 kg CO2e and Scope 2 at approximately 2,796,000 kg CO2e. This indicates a minor reduction in Scope 1 emissions year-on-year. Minto Apartment REIT has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a need for further commitment in this area. The absence of documented reduction targets highlights an opportunity for the organisation to enhance its climate strategy and align with industry standards for sustainability. Overall, while Minto Apartment REIT has made strides in reporting its emissions, the lack of ambitious reduction targets may limit its effectiveness in addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 23,053,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 2,258,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Minto Apartment Real Estate Investment Trust is not participating in any 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.