National Retail Properties
National Retail Properties, Inc. (commonly referred to as NNN) is a prominent real estate investment trust (REIT) headquartered in Orlando, Florida. Established in 1984, the company has built a strong portfolio primarily focused on the acquisition and management of retail properties across the United States, with a significant presence in major operational regions such as the Southeast and Midwest. Specialising in single-tenant retail properties, National Retail Properties distinguishes itself through its long-term leases with high-quality tenants, ensuring stable cash flows and consistent returns. The company has achieved notable milestones, including a strong track record of dividend payments, which underscores its commitment to shareholder value. With a robust market position, NNN is recognised for its strategic investments and resilience in the retail sector, making it a key player in the commercial real estate landscape.
DitchCarbon Score
How does National Retail Properties'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 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.
Industry Benchmark
National Retail Properties's score of 23 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
National Retail Properties's reported carbon emissions
In 2023, National Retail Properties reported total carbon emissions of approximately 9.8 million tonnes CO2e, comprising 2.7 million tonnes from Scope 1, 7.1 million tonnes from Scope 2, and about 344.2 million tonnes from Scope 3 emissions. This marks a significant increase in emissions compared to previous years, with Scope 2 emissions rising from 12,100 tonnes in 2021 to 7.1 million tonnes in 2023. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a lack of formalised strategies for emissions reduction. However, the substantial Scope 3 emissions highlight the importance of addressing indirect emissions in their overall climate strategy. As the retail property sector increasingly focuses on sustainability, National Retail Properties' emissions data reflects the broader industry context, where companies are urged to adopt comprehensive climate action plans to mitigate their environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | 0,000,000 |
| Scope 2 | 10,500 | 00,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 |
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.
National Retail Properties 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.
