Realty Income Corporation, often referred to as Realty Income, is a prominent player in the real estate investment trust (REIT) industry, headquartered in the United States. Founded in 1969, the company has established itself as a leader in the acquisition and management of commercial properties, primarily focusing on single-tenant retail and commercial real estate. With a diverse portfolio spanning across major operational regions in the US, Realty Income is renowned for its monthly dividend payments, a unique feature that appeals to income-focused investors. The company has achieved significant milestones, including a consistent track record of dividend increases, positioning it as a reliable choice in the market. Realty Income's commitment to long-term leases with high-quality tenants further solidifies its reputation as a stable investment option in the competitive real estate sector.
How does Realty Income'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 Real Estate Services 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.
Realty Income's score of 36 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Realty Income reported total carbon emissions of approximately 2,657,973,000 kg CO2e. This figure includes 55,000 kg CO2e from Scope 1 emissions, which consist of direct emissions from owned or controlled sources, and 318,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 2,657,900,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain, including those from capital goods and purchased goods and services. Realty Income has set ambitious climate commitments, aiming for net zero emissions by 2030 for both Scope 1 and Scope 2 emissions. This commitment reflects their proactive approach to addressing climate change and reducing their carbon footprint. The company is currently on track to meet these near-term targets, demonstrating a strong commitment to sustainability and environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 10,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 325,000 | 000,000 | 000,000 | 000,000 | 000 |
Scope 3 | 1,123,283,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Realty Income is not participating in any of the initiatives that 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.