The Necessity Retail REIT, Inc. Sustainability Profile
The Necessity Retail REIT, Inc., commonly referred to as Necessity Retail REIT, is a prominent real estate investment trust headquartered in the United States. Founded in 2019, the company focuses on the acquisition and management of necessity-based retail properties, primarily located in key markets across the country. Specialising in single-tenant retail assets, Necessity Retail REIT distinguishes itself through its strategic investments in essential services, including grocery stores and pharmacies, which remain resilient in varying economic climates. With a commitment to delivering stable cash flows and attractive returns, the company has quickly established a strong market position. Notable achievements include a diverse portfolio that caters to everyday consumer needs, reinforcing its reputation as a leader in the necessity retail sector.
DitchCarbon Score
How does The Necessity Retail REIT, Inc.'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
The Necessity Retail REIT, Inc.'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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The Necessity Retail REIT, Inc.'s reported carbon emissions
The Necessity Retail REIT, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. This lack of data suggests that the company may not have publicly disclosed its carbon footprint or emissions metrics. However, it is important to note that The Necessity Retail REIT, Inc. has inherited emissions data from its parent company, Global Net Lease, Inc., at a cascade level of 1. This relationship may influence its overall climate commitments and reporting practices. As of now, The Necessity Retail REIT, Inc. has not established any documented reduction targets or initiatives, including those aligned with the Science Based Targets initiative (SBTi). The absence of specific climate pledges or commitments further highlights the need for transparency in their environmental impact strategies. In summary, while The Necessity Retail REIT, Inc. currently lacks detailed emissions data and reduction initiatives, its connection to Global Net Lease, Inc. may provide a framework for future climate commitments and reporting.
How Carbon Intensive is The Necessity Retail REIT, Inc.'s Industry?
How Carbon Intensive is The Necessity Retail REIT, Inc.'s Location?
The Necessity Retail REIT, Inc.'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.
The Necessity Retail REIT, Inc. 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.
