National Retail Properties, Inc. (commonly referred to as NNN) is a prominent real estate investment trust (REIT) headquartered in the United States. Founded in 1984, the company has established a strong presence in the retail sector, focusing primarily on the acquisition and management of high-quality retail properties across the country. With a diverse portfolio that includes convenience stores, restaurants, and service-oriented retail, National Retail Properties stands out for its commitment to long-term leases and stable cash flows. The company operates primarily in major markets, ensuring a strategic footprint that enhances its market position. Recognised for its consistent performance and strong dividend history, National Retail Properties has achieved notable milestones, solidifying its reputation as a leader in the retail real estate industry.
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.
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.
National Retail Properties's score of 41 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, National Retail Properties reported total carbon emissions of approximately 2,894,050 kg CO2e, comprising 107,700 kg CO2e from Scope 1, 2,786,350 kg CO2e from Scope 2, and a significant 240,184,240 kg CO2e from Scope 3 emissions. This reflects a notable increase in emissions compared to 2023, where total emissions were about 9,846,500 kg CO2e, with Scope 1 emissions at 2,704,300 kg CO2e, Scope 2 at 7,142,200 kg CO2e, and Scope 3 at 344,219,630 kg CO2e. The company has not set specific reduction targets or initiatives as part of its climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. National Retail Properties has not disclosed any significant climate pledges or commitments to reduce emissions, indicating a potential area for future focus. Overall, the emissions data indicates a substantial reliance on Scope 3 emissions, which typically encompass indirect emissions from the value chain, highlighting the importance of addressing these areas for comprehensive climate action.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | - | - | 0,000,000 | 000,000 |
Scope 2 | 10,500 | 00,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
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 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.