Pennsylvania Real Estate Investment Trust
Pennsylvania Real Estate Investment Trust (PREIT), headquartered in the United States, is a prominent player in the real estate investment sector, primarily focusing on retail and mixed-use properties. Founded in 1960, PREIT has established a significant presence in key markets across the Mid-Atlantic region, including Pennsylvania, New Jersey, and Maryland. The company is renowned for its innovative approach to property management and development, offering a diverse portfolio that includes shopping centres and lifestyle destinations. PREIT's commitment to enhancing customer experiences and adapting to market trends sets it apart in a competitive landscape. With a strong market position, the company has achieved notable milestones, including successful redevelopment projects that revitalise urban spaces and drive community engagement.
DitchCarbon Score
How does Pennsylvania Real Estate Investment 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.
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
Pennsylvania Real Estate Investment Trust's score of 20 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pennsylvania Real Estate Investment Trust's reported carbon emissions
Pennsylvania Real Estate Investment Trust (PREIT), headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As of now, PREIT does not inherit emissions data from any parent or related organisations, nor does it have any commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This lack of data and commitments suggests that PREIT may not yet be actively engaging in formal climate strategies or emissions reduction initiatives within the real estate investment sector. In the context of the industry, it is increasingly important for real estate firms to establish clear climate commitments and reduction targets to align with global sustainability goals. Without specific emissions data or reduction initiatives, PREIT's current climate impact remains unclear.
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.
Pennsylvania Real Estate Investment 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.
