Plymouth Industrial Reit
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 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Plymouth Industrial Reit's reported carbon emissions
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 company has consistently maintained zero Scope 1 emissions, indicating no direct emissions from owned or controlled sources. The decrease in Scope 2 emissions reflects their commitment to improving energy efficiency and reducing indirect emissions associated with purchased electricity. Despite these reductions, Plymouth Industrial REIT has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s total emissions intensity was reported at approximately 3,150 kg CO2e per square foot in 2023, down from about 3,540 kg CO2e per square foot in 2022, showcasing a positive trend in their operational efficiency. Plymouth Industrial REIT's ongoing efforts to manage and reduce their carbon footprint align with industry standards for climate action, although further commitments and targets would enhance their sustainability profile.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 86,390 | 00,000 |
| Scope 3 | - | - |
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.
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.
