SITE Centers Corp.
SITE Centers Corp., headquartered in the United States, is a leading retail real estate investment trust (REIT) specialising in the ownership, operation, and development of open-air shopping centres. Founded in 2017, SITE Centers has quickly established itself in key markets across the US, focusing on enhancing the shopping experience through innovative design and strategic tenant partnerships. The company’s portfolio features a diverse range of retail properties, including grocery-anchored centres and lifestyle destinations, which cater to evolving consumer preferences. SITE Centers is recognised for its commitment to sustainability and community engagement, setting it apart in the competitive retail landscape. With a strong market position and a focus on value creation, SITE Centers continues to achieve notable milestones in the retail real estate sector.
DitchCarbon Score
How does SITE Centers Corp.'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
SITE Centers Corp.'s score of 31 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SITE Centers Corp.'s reported carbon emissions
In 2023, SITE Centers Corp. reported total carbon emissions of approximately 1,602,635,000 kg CO2e across all scopes. This includes about 1,602,635,000 kg CO2e from Scope 1 emissions, approximately 3,910,000 kg CO2e from Scope 2, and around 919,417,120 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals significant contributions from capital goods (approximately 305,719,560 kg CO2e), upstream leased assets (about 134,331,410 kg CO2e), and purchased goods and services (approximately 132,313,740 kg CO2e). Comparatively, in 2022, the company reported total emissions of about 1,782,453,000 kg CO2e, with Scope 1 emissions at approximately 1,782,454,000 kg CO2e and Scope 2 at around 3,530,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Despite these figures, SITE Centers Corp. has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, and all reported figures are directly attributed to SITE Centers Corp. Overall, while SITE Centers Corp. has made strides in emissions reporting, the lack of formal reduction commitments highlights an area for potential improvement in their climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,708,807,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,939,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 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.
SITE Centers Corp. is not participating in any 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.
