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 30 is higher than 81% 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 3,726,000 kg CO2e. This figure includes 55,000 kg CO2e from Scope 1 emissions, 318,000 kg CO2e from Scope 2 emissions, and about 2,657,000 kg CO2e from Scope 3 emissions, which primarily stem from downstream leased assets. Over the years, Realty Income has shown a trend in its emissions data. For instance, in 2022, the company recorded total emissions of approximately 3,570,000 kg CO2e, with Scope 1 emissions at 48,000 kg CO2e and Scope 2 emissions at 309,000 kg CO2e. The Scope 3 emissions for that year were about 2,616,000 kg CO2e. Despite these figures, Realty Income has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to disclose its emissions across all relevant scopes, demonstrating a commitment to transparency in its climate impact reporting. Overall, Realty Income's emissions profile reflects its operational scale and the challenges faced in managing carbon outputs, particularly in the context of its extensive real estate portfolio.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
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 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.