SmartCentres Real Estate Investment Trust
SmartCentres Real Estate Investment Trust (REIT), headquartered in Canada, is a leading player in the Canadian real estate sector, specialising in the development and management of retail and mixed-use properties. Founded in 2004, SmartCentres has established a robust portfolio across major urban centres, focusing on creating vibrant community spaces that cater to diverse consumer needs. The REIT is renowned for its unique approach to property development, integrating retail, residential, and office spaces to enhance community living. With a commitment to sustainability and innovation, SmartCentres has achieved significant milestones, including strategic partnerships and expansions that solidify its market position. As one of Canada's largest REITs, SmartCentres continues to set industry standards, delivering value to investors and communities alike through its comprehensive real estate solutions.
DitchCarbon Score
How does SmartCentres Real Estate Investment Trust'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
SmartCentres Real Estate Investment Trust's score of 25 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SmartCentres Real Estate Investment Trust's reported carbon emissions
In 2022, SmartCentres Real Estate Investment Trust reported total carbon emissions of approximately 134,834,391,000 kg CO2e. This figure includes about 105,794,468,000 kg CO2e from Scope 1 emissions and approximately 29,039,923,000 kg CO2e from Scope 2 emissions. Notably, the organisation has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, SmartCentres has not established specific reduction targets or climate pledges as part of its sustainability initiatives. The absence of formal commitments indicates a potential area for growth in their climate strategy. SmartCentres operates within the real estate sector in Canada and is expected to align with industry standards for carbon reduction and climate action. As of now, their emissions data is not cascaded from any parent organisation, indicating that the reported figures are solely from their own operations.
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| 2022 | |
|---|---|
| Scope 1 | 105,794,468,000 |
| Scope 2 | 29,039,923,000 |
| Scope 3 | - |
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.
SmartCentres Real Estate Investment Trust 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.
