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OrganisationsPlymouth Industrial Reit
Plymouth Industrial Reit logo

Plymouth Industrial Reit

Services Auxiliary to Financial IntermediationUnited StatesNYSE: PLYM
Last verified 17 days agoplymouthreit.com

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.

34
DitchCarbon score

-2 vs industry average

Plymouth Industrial Reit’s score of 34 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2025

00.0K00.0K00.0K00.0K0

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202020212022202320242025

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Plymouth Industrial Reit's reported carbon emissions

In 2022, Plymouth Industrial REIT, headquartered in the US, reported carbon emissions totalling approximately 79,483 kg CO2e, all of which were classified under Scope 2 emissions. The company has not disclosed any Scope 1 or Scope 3 emissions data, indicating a potential gap in their overall emissions reporting. Plymouth Industrial REIT has not set any specific reduction targets or initiatives, nor have they committed to Science-Based Targets (SBTi) or other climate pledges. The absence of documented reduction strategies suggests that the company may be in the early stages of developing a comprehensive climate action plan. It is important to note that the emissions data is cascaded from Ares Management Corporation, reflecting the corporate family relationship. As a current subsidiary, Plymouth Industrial REIT's emissions reporting is influenced by the broader sustainability initiatives of its parent organisation. Overall, while Plymouth Industrial REIT has made strides in reporting its Scope 2 emissions, further transparency and commitment to emissions reduction will be essential for aligning with industry standards and addressing climate change effectively.

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Plymouth Industrial Reit’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Plymouth Industrial Reit yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

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17 days ago
34
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