RMR Group, a prominent player in the real estate investment and management sector, is headquartered in the United States. Founded in 1986, the company has established a strong presence across various operational regions, focusing on commercial real estate, including office, industrial, and retail properties. RMR Group is renowned for its unique approach to asset management, offering tailored services that enhance property value and optimise returns for investors. With a commitment to sustainability and innovation, the company has achieved significant milestones, including successful partnerships and a robust portfolio of managed assets. As a leader in the industry, RMR Group has garnered recognition for its strategic investment strategies and exceptional client service, solidifying its market position and reputation as a trusted name in real estate management.
How does Rmr'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.
Rmr's score of 30 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, The RMR Group LLC, headquartered in the US, reported a GHG emissions intensity of approximately 7.62 kg CO2e per square foot of managed property. This figure reflects the company's commitment to reducing its carbon footprint, with a target to achieve a 20% reduction in emissions intensity by 2023 from a 2013 baseline for both Scope 1 and Scope 2 emissions. Looking at previous years, the emissions intensity was about 5.31 kg CO2e in 2022, 6.26 kg CO2e in 2021, and 4.40 kg CO2e in 2020, indicating a fluctuating trend in emissions intensity over the years. The company has set ambitious long-term goals, including a commitment to achieve net-zero operational GHG emissions by 2050, encompassing all scopes of emissions. The RMR Group has also aligned its near-term targets with the Science Based Targets initiative (SBTi), committing to a 50% reduction in Scope 1 and Scope 2 GHG emissions per square foot of managed property by 2029, using 2019 as the base year. This commitment is consistent with the reductions required to limit global warming to well below 2°C. Overall, The RMR Group LLC is actively working towards significant emissions reductions and has established a framework for accountability and progress in its climate commitments.
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.
Rmr is participating in some 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.