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Public Profile
Real Estate Services
CA
updated 6 days ago

SmartCentres Real Estate Investment Trust

Company website

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.

25

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.

22

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.

53%

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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 total emissions, 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' emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of its own operations. As the company continues to navigate the evolving landscape of environmental responsibility, further commitments and initiatives may be anticipated in future reports.

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2022
Scope 1
105,794,468,000
Scope 2
29,039,923,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SmartCentres Real Estate Investment Trust's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for SmartCentres Real Estate Investment Trust is in CA, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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