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 20 is lower than 57% 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 have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is identified as a merged entity, inheriting emissions data from its parent organisation, Global Net Lease, Inc., at a cascade level of 1. However, no specific emissions data has been provided from this source. In terms of climate commitments, The Necessity Retail REIT, Inc. has not established any documented reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The absence of a climate pledge further indicates a lack of formal commitments towards carbon reduction. As the company navigates its climate strategy, it is essential to monitor future disclosures for any emerging data or commitments that may align with industry standards for sustainability and emissions reduction.
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.
