Plymouth Industrial REIT, Inc., commonly referred to as Plymouth REIT, is a prominent player in the real estate investment trust (REIT) sector, headquartered in the United States. Founded in 2018, the company focuses on the acquisition, ownership, and management of industrial properties, primarily in key logistics markets across the U.S. Plymouth REIT distinguishes itself through its strategic investments in high-quality, well-located industrial assets that cater to the growing demand for e-commerce and logistics solutions. With a commitment to sustainability and operational excellence, the company has rapidly established a strong market position, achieving significant milestones in property acquisitions and portfolio growth. As a forward-thinking REIT, Plymouth Industrial REIT continues to leverage industry trends to enhance its offerings and deliver value to its stakeholders.
How does Plymouth Industrial 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.
Mean score of companies in the Services Auxiliary to Financial Intermediation 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.
Plymouth Industrial Reit's score of 28 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Plymouth Industrial REIT reported carbon emissions of approximately 76,740 kg CO2e, a reduction from about 86,390 kg CO2e in 2022. The emissions are solely from Scope 2, indicating indirect emissions from purchased electricity, steam, heating, and cooling. Notably, the company has not disclosed any Scope 1 emissions, which are direct emissions from owned or controlled sources. Despite the reduction in emissions, Plymouth Industrial REIT has not set specific reduction targets or initiatives as part of their climate commitments. The company continues to focus on improving its operational efficiency, as evidenced by a decrease in emissions intensity from about 3,540 kg CO2e per square foot in 2022 to approximately 3,150 kg CO2e per square foot in 2023. Plymouth Industrial REIT's commitment to sustainability is reflected in its ongoing efforts to monitor and report emissions, although further details on specific climate pledges or targets are currently unavailable.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 86,390 | 00,000 |
Scope 3 | - | - |
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.
Plymouth Industrial 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.