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 23 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SITE Centers Corp.'s reported carbon emissions
In 2021, SITE Centers Corp. reported total carbon emissions of approximately 19,305,000 kg CO2e, comprising about 12,255,000 kg CO2e from Scope 1 and about 7,005,000 kg CO2e from Scope 2 emissions. This marked an increase from 2020, where emissions were about 15,772,000 kg CO2e, with Scope 1 emissions at approximately 9,772,000 kg CO2e and Scope 2 at about 5,962,000 kg CO2e. The company has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions in recent years. In 2017, SITE Centers reported Scope 1 emissions of about 24,000,000 kg CO2e and Scope 3 emissions of approximately 2,000,000 kg CO2e, indicating a broader emissions profile that includes upstream activities. Despite the fluctuations in emissions, SITE Centers has not set specific reduction targets or climate pledges, which may limit their ability to demonstrate a commitment to long-term sustainability. The absence of documented reduction initiatives suggests a need for enhanced climate strategies in alignment with industry standards.
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| 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 | - | - |
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 committed to any reduction initiatives 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.
