The National Association of Real Estate Investment Trusts (Nareit), headquartered in the United States, is a leading advocate for the real estate investment trust (REIT) industry. Founded in 1960, Nareit has played a pivotal role in shaping the landscape of real estate investment, promoting the benefits of REITs to investors and policymakers alike. Operating primarily across the US, Nareit focuses on enhancing the understanding and visibility of REITs and publicly traded real estate companies. Its core services include research, advocacy, and education, which are designed to support the growth and sustainability of the industry. Nareit’s commitment to transparency and best practices has solidified its position as a trusted resource, making it a key player in the real estate sector. With a strong emphasis on innovation and market leadership, Nareit continues to drive the evolution of real estate investment.
How does Nareit'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.
Nareit's score of 23 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2018, Nareit reported a building carbon intensity of approximately 77,800 kg CO2e per square metre, alongside an energy carbon intensity of about 0.5 kg CO2e per kilowatt-hour. However, there are no specific emissions reduction targets or climate pledges disclosed by Nareit. The organisation has not specified its Scope 1, 2, or 3 emissions, indicating a potential area for improvement in transparency regarding its carbon footprint. Nareit's commitment to addressing climate change is evident, but further details on specific initiatives or targets would enhance its climate strategy.
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.
Nareit is not committed to any 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.