SITE Centers Corp. Sustainability Profile
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 20 is lower than 73% 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 2021, SITE Centers Corp. reported total carbon emissions of approximately 28,989,000 kg CO2e. This figure includes Scope 1 emissions of about 9,772,000 kg CO2e, Scope 2 emissions of around 12,255,000 kg CO2e, and Scope 3 emissions totalling about 5,962,000 kg CO2e. The combined Scope 1 and 2 emissions amounted to approximately 22,027,000 kg CO2e. Despite the significant emissions reported, SITE Centers Corp. has not established specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded emissions data from a parent organisation, indicating that their reported figures are independently sourced. Overall, while SITE Centers Corp. has disclosed comprehensive emissions data, there is currently no indication of formal climate pledges or reduction strategies in place.
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| 2021 | |
|---|---|
| Scope 1 | 9,772,000 |
| Scope 2 | 12,255,000 |
| Scope 3 | 5,962,000 |
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SITE Centers Corp.'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.
SITE Centers Corp. 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.
