REIS, Inc., Prior to acquisition by Wellsford Real Properties Inc. Sustainability Profile
REIS, Inc., a prominent player in the real estate information and analytics sector, was founded in 1980 and is headquartered in the United States. The company has established a strong presence in major operational regions across the country, providing comprehensive data solutions tailored for commercial real estate professionals. Specialising in market research, property data, and analytical tools, REIS offers unique insights that empower clients to make informed investment decisions. Its innovative approach to data collection and analysis has positioned the company as a trusted resource within the industry. Prior to its acquisition by Wellsford Real Properties Inc., REIS, Inc. achieved notable milestones, including a robust client base and recognition for its accuracy and reliability in real estate analytics. This solidified its market position as a leader in delivering essential information for real estate investment and development.
DitchCarbon Score
How does REIS, Inc., Prior to acquisition by Wellsford Real Properties 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 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
REIS, Inc., Prior to acquisition by Wellsford Real Properties Inc.'s score of 76 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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REIS, Inc., prior to its acquisition by Wellsford Real Properties Inc., did not report any specific carbon emissions data, as indicated by the absence of emissions figures. Consequently, there are no available metrics regarding their Scope 1, 2, or 3 emissions. The company's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges. However, it is important to note that emissions data and climate initiatives may be cascaded from its parent company, Moody's Corporation, at a cascade level of 2. This means that any relevant climate strategies or targets would be inherited from Moody's Corporation, which may have its own sustainability and emissions reduction goals. As a merged entity, REIS, Inc. is positioned within a broader corporate framework that may influence its future climate commitments and performance. However, without specific data or targets from REIS, Inc. itself, a comprehensive assessment of its carbon emissions and climate strategies remains unavailable.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 171,000 | 000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 18,600,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 6,500,000 | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is REIS, Inc., Prior to acquisition by Wellsford Real Properties Inc.'s Industry?
How Carbon Intensive is REIS, Inc., Prior to acquisition by Wellsford Real Properties Inc.'s Location?
REIS, Inc., Prior to acquisition by Wellsford Real Properties Inc.'s Scope 3 Categories Breakdown
REIS, Inc., Prior to acquisition by Wellsford Real Properties Inc.'s Scope 3 emissions, which decreased by 3% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 70% of Scope 3 emissions.
Top Scope 3 Categories
REIS, Inc., Prior to acquisition by Wellsford Real Properties 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.
REIS, Inc., Prior to acquisition by Wellsford Real Properties 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.
