Realty Income
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Realty Income's score of 30 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Realty Income's reported carbon emissions
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, which encompass direct emissions from owned or controlled sources, and 318,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. The majority of their emissions, approximately 2,657,000 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as downstream leased assets. Over the years, Realty Income has shown a trend in emissions, with Scope 1 emissions increasing from 10,000 kg CO2e in 2019 to 55,000 kg CO2e in 2023. Scope 2 emissions have also fluctuated, with a peak of 325,000 kg CO2e in 2019 and a decrease to 318,000 kg CO2e in 2023. However, Scope 3 emissions have significantly increased, from approximately 1,123,000 kg CO2e in 2019 to about 2,657,000 kg CO2e in 2023. Despite these figures, Realty Income has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. As the company continues to grow, addressing its carbon emissions will be crucial for aligning with industry standards and responding to climate change challenges.
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| 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 |
| Scope 3 | 1,123,283,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
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.
