The Necessity Retail REIT, Inc.
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 14 is lower than 85% 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 established a comprehensive emissions reporting framework or may be in the early stages of its climate commitments. 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 climate strategy and reporting practices in the future. As of now, there are no documented reduction targets or climate pledges from The Necessity Retail REIT, Inc. This indicates a potential area for development, as many companies in the retail real estate sector are increasingly setting science-based targets and committing to sustainability initiatives. In summary, while The Necessity Retail REIT, Inc. currently lacks specific emissions data and reduction commitments, its connection to Global Net Lease, Inc. may provide a foundation for future climate action and reporting.
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.
The Necessity Retail REIT, Inc. 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.
