Plymouth Industrial Reit Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Plymouth Industrial Reit's score of 25 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Plymouth Industrial Reit's reported carbon emissions
In 2022, Plymouth Industrial REIT reported carbon emissions of approximately 79,483 kg CO2e, all of which fall under Scope 2 emissions. This data reflects the company's energy-related emissions, specifically from purchased electricity. Notably, there are no reported Scope 1 or Scope 3 emissions, indicating a focus on indirect emissions from energy consumption. Plymouth Industrial REIT has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in recognised frameworks such as the Science Based Targets initiative (SBTi). The absence of reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. The emissions data is sourced directly from Plymouth Industrial REIT, Inc., with no cascading from a parent or related organisation. As the company continues to grow, it may consider establishing more comprehensive climate commitments and reduction strategies to align with industry standards and expectations.
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| 2022 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 79,482.7 |
| Scope 3 | - |
How Carbon Intensive is Plymouth Industrial Reit's Industry?
How Carbon Intensive is Plymouth Industrial Reit's Location?
Plymouth Industrial Reit's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Plymouth Industrial Reit has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
