National Retail Properties
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.
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 26 is higher than 68% 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 9,846,500 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 tracking, covering all three scopes of greenhouse gas emissions. In 2021, the company recorded emissions of 12,100 kg CO2e for Scope 2 and a significant 296,088,000 kg CO2e for Scope 3, highlighting the substantial impact of indirect emissions in their operations. The increase in emissions from 2021 to 2023 reflects the complexities of managing carbon footprints in the retail property sector. Despite the detailed emissions reporting, National Retail Properties has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may present challenges in aligning with industry standards for climate action. Overall, while National Retail Properties provides a clear overview of its emissions, the absence of reduction strategies suggests an opportunity for the company to enhance its climate commitments and contribute more effectively to global sustainability efforts.
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| 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 |
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.
