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 26 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, National Retail Properties reported total carbon emissions of approximately 9,846,500 kg CO2e, comprising 2,704,300 kg CO2e from Scope 1, 7,142,200 kg CO2e from Scope 2, and 344,219,630 kg CO2e from Scope 3 emissions. This data indicates a comprehensive approach to emissions reporting, covering all three scopes. In 2021, the company recorded emissions of about 121,100 kg CO2e for Scope 2 and a significant 296,088,000 kg CO2e for Scope 3. The 2020 figures showed Scope 2 emissions at approximately 10,500 kg CO2e, highlighting an upward trend in emissions over the years. Despite the detailed emissions reporting, National Retail Properties has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The absence of documented reduction initiatives suggests that while the company is actively measuring its carbon footprint, it may need to enhance its climate strategy to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2023 | |
---|---|---|---|
Scope 1 | - | - | 0,000,000 |
Scope 2 | 10,500 | 00,000 | 0,000,000 |
Scope 3 | - | 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 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.