Plaza Retail Reit
Plaza Retail REIT, headquartered in Canada, is a prominent player in the real estate investment trust (REIT) sector, specialising in the ownership, management, and development of retail properties. Founded in 2003, the company has established a strong presence across major Canadian markets, focusing on grocery-anchored shopping centres and standalone retail locations. With a diverse portfolio that includes both urban and suburban properties, Plaza Retail REIT distinguishes itself through its commitment to high-quality assets and strategic tenant relationships. The company has achieved notable milestones, including consistent growth in its distribution and a robust occupancy rate, positioning it as a leader in the Canadian retail real estate landscape. Plaza Retail REIT continues to adapt to market trends, ensuring its offerings meet the evolving needs of consumers and retailers alike.
DitchCarbon Score
How does Plaza Retail Reit'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
Plaza Retail Reit's score of 19 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Plaza Retail Reit's reported carbon emissions
In 2023, Plaza Retail REIT reported total carbon emissions of approximately 3,111,000 kg CO2e. This figure includes 480,000 kg CO2e from Scope 1 emissions, 953,000 kg CO2e from Scope 2 emissions, and 1,678,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the total emissions were about 3,403,000 kg CO2e, with Scope 1 at 640,000 kg CO2e, Scope 2 at 1,015,000 kg CO2e, and Scope 3 at 1,747,000 kg CO2e. This indicates a reduction in total emissions of approximately 292,000 kg CO2e from 2022 to 2023. In 2021, the total emissions were around 2,957,000 kg CO2e, with Scope 1 emissions at 404,000 kg CO2e, Scope 2 at 815,000 kg CO2e, and Scope 3 at 1,738,000 kg CO2e. Despite these reductions, Plaza Retail REIT has not publicly committed to specific reduction targets or initiatives, nor have they joined any formal climate pledges. The company continues to monitor its emissions across all scopes, reflecting a commitment to understanding and managing its carbon footprint.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 404,000 | 000,000 | 000,000 |
| Scope 2 | 815,000 | 0,000,000 | 000,000 |
| Scope 3 | 1,738,000 | 0,000,000 | 0,000,000 |
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.
Plaza Retail Reit 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.
