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Tanger Factory Outlet Centers, Inc., widely recognised as Tanger, stands as a premier owner and operator in the real estate services sector. Founded in 1981 by Stanley K. Tanger, this industry pioneer became the first outlet centre REIT, publicly trading since 1993, and has since established a formidable presence.
Headquartered in the US, Tanger's primary business involves the acquisition, development, and expert management of upscale outlet shopping centres across North America. These strategically located properties provide a compelling retail experience, offering consumers access to a diverse portfolio of premium brands at exceptional value.
With over four decades of dedicated experience, Tanger has cemented its reputation for creating desirable shopping destinations. The company's focus on operational excellence and curating a strong tenant mix underpins its continued success and market leadership within the specialised retail real estate landscape.
+13 vs industry average
Tanger’s score of 42 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Tanger, a US-headquartered real estate services company, reported its latest carbon emissions for 2025 as approximately 86,548,000 kg CO2e. This total includes:
Looking back, Tanger's total emissions for 2024 were approximately 86,175,000 kg CO2e, comprising Scope 1 emissions of approximately 2,998,000 kg CO2e, Scope 2 market-based emissions of approximately 8,010,000 kg CO2e, and Scope 3 emissions of approximately 74,167,000 kg CO2e. In 2023, the company's total emissions were approximately 41,003,000 kg CO2e, with Scope 1 at about 3,089,000 kg CO2e, Scope 2 market-based at about 7,890,000 kg CO2e, and Scope 3 at about 30,024,000 kg CO2e.
Tanger has committed to achieving net-zero Scope 1 and Scope 2 emissions by 2050, a commitment announced in 2023 based on an intention set in 2022. The company has made foundational progress towards this goal, including an enterprise-wide utility analysis, a sub-meter pilot programme in Columbus, OH, and the procurement of assured green power at five centres. In 2023, their solar capacity generated 9.3 million kilowatt-hours (kWh) of onsite renewable electricity, contributing to an overall net reduction in GHG emissions per square foot of their gross leasable area (GLA). Additionally, Tanger has expanded its Electric Vehicle charging programme and implemented other operational GHG reduction initiatives such as responsible procurement, waste management, LED retrofits, building efficiency, and roof replacements. In 2017, the company reported a decrease of almost 4% in GHG emissions per square foot.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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