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.
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.
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.
SITE Centers Corp.'s score of 20 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, SITE Centers Corp. reported total carbon emissions of approximately 19,805,000 kg CO2e, comprising 12,255,000 kg CO2e from Scope 1 and 7,005,000 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data for this year. Comparatively, in 2020, SITE Centers recorded about 9,772,000 kg CO2e in Scope 1 emissions and 5,962,000 kg CO2e in Scope 2 emissions, indicating a significant increase in emissions in 2021. In 2018, the company reported total emissions of approximately 36,000,000 kg CO2e, with 30,000,000 kg CO2e from Scope 1 and 1,000,000 kg CO2e from Scope 2, alongside 3,000,000 kg CO2e from Scope 3. Despite these figures, SITE Centers Corp. has not established specific reduction targets or initiatives, nor have they committed to any climate pledges. The absence of defined reduction strategies highlights a potential area for improvement in their climate commitments. As the company continues to operate within the retail real estate sector, addressing carbon emissions will be crucial for aligning with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2020 | 2021 | |
---|---|---|---|---|
Scope 1 | 24,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 2,000,000 | 0,000,000 | - | - |
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.