Office Properties Income Trust, commonly referred to as OPIT, is a prominent real estate investment trust (REIT) headquartered in the United States. Established in 2009, OPIT focuses on acquiring, owning, and managing high-quality office properties across key markets in the U.S. and Canada. With a diverse portfolio that includes properties in major metropolitan areas, OPIT stands out for its commitment to sustainability and tenant satisfaction. The trust primarily invests in office buildings that cater to a variety of industries, ensuring a stable income stream through long-term leases. Recognised for its strategic acquisitions and strong market presence, Office Properties Income Trust has achieved significant milestones, positioning itself as a leader in the office REIT sector. Its unique approach to property management and investment continues to drive growth and enhance shareholder value.
How does Office Properties Income Trust'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.
Office Properties Income Trust's score of 20 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2018, Office Properties Income Trust reported a greenhouse gas (GHG) intensity of approximately 0.0058 tonnes CO2e per 1,000 square feet for its Canadian office portfolio. This figure reflects the company's emissions performance but does not specify total emissions in terms of Scope 1, 2, or 3. The previous year's data from 2015 indicated a slightly higher GHG intensity of about 0.0062 tonnes CO2e per 1,000 square feet, suggesting a minor improvement over the three-year period. Currently, Office Properties Income Trust has not disclosed any specific reduction targets or climate commitments, nor does it appear to have cascaded data from a parent company. The absence of detailed emissions data and reduction initiatives indicates a need for further transparency in their climate strategy. As the organisation continues to operate within the real estate sector, it is essential for them to establish clear climate commitments to align with industry standards and expectations.
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.
Office Properties Income Trust 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.
