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 total carbon emissions of approximately 79,483 kg CO2e, all of which were classified under Scope 2 emissions. This figure reflects the emissions associated with purchased electricity, with no data available for Scope 1 or Scope 3 emissions. The company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. Plymouth Industrial REIT's emissions data is sourced directly from the organisation itself, with no cascading from a parent company. The absence of Scope 1 and Scope 3 emissions data suggests that the company may be in the early stages of its carbon accounting efforts. As the industry increasingly prioritises sustainability, Plymouth Industrial REIT may benefit from establishing clear climate commitments and reduction targets to enhance its environmental performance and align with best practices in the real estate sector.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 125,000 | 00,000.0 |
| 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.
