REIC Holdings, Inc. Sustainability Profile
REIC Holdings, Inc., a prominent player in the real estate investment and management sector, is headquartered in the United States. Founded in 2005, the company has established a strong presence in key operational regions across North America and Europe. Specialising in commercial and residential property investments, REIC Holdings is recognised for its innovative approach to asset management and development. The firm offers a diverse portfolio of services, including property acquisition, leasing, and strategic asset management, setting itself apart with a commitment to sustainability and community engagement. With a reputation for delivering exceptional returns and fostering long-term relationships, REIC Holdings has achieved significant milestones, positioning itself as a leader in the competitive real estate market.
DitchCarbon Score
How does REIC Holdings, Inc.'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 Chemicals 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
REIC Holdings, Inc.'s score of 2 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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REIC Holdings, Inc.'s reported carbon emissions
In 2018, REIC Holdings, Inc. reported total carbon emissions of approximately 132,800,000 kg CO2e, comprising about 7,468,000 kg CO2e from Scope 1 and about 125,130,000 kg CO2e from Scope 2 emissions. This data reflects the company's operational impact on climate change, with a significant focus on reducing its carbon footprint. The company has shown a trend in emissions over the previous years, with 2017 emissions recorded at about 127,000,000 kg CO2e (6,670,000 kg CO2e from Scope 1 and 121,271,000 kg CO2e from Scope 2) and 2016 emissions at approximately 120,000,000 kg CO2e (6,493,000 kg CO2e from Scope 1 and 114,741,000 kg CO2e from Scope 2). Despite these figures, REIC Holdings, Inc. has not established specific reduction targets or initiatives, nor does it report any commitments through frameworks such as the Science Based Targets initiative (SBTi). The absence of Scope 3 emissions data indicates a potential area for future reporting and improvement. Overall, while REIC Holdings, Inc. has made strides in tracking its emissions, the lack of formal reduction commitments suggests an opportunity for enhanced climate action and transparency in its sustainability efforts.
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| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Scope 1 | 6,493,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 114,741,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is REIC Holdings, Inc.'s Industry?
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REIC Holdings, Inc.'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.
REIC Holdings, Inc. 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.
