Tricon Residential
Tricon Residential, a leading residential rental company headquartered in California, has established itself as a prominent player in the real estate industry since its founding in 1988. With a strong presence in major operational regions across the United States and Canada, Tricon focuses on single-family rental homes and multi-family apartments, catering to the growing demand for quality rental housing. The company is renowned for its commitment to providing exceptional living experiences through well-maintained properties and innovative management practices. Tricon Residential's unique approach combines technology with a customer-centric philosophy, ensuring residents enjoy a seamless rental experience. As a trusted name in the market, Tricon has achieved significant milestones, positioning itself as a preferred choice for renters seeking quality homes in desirable locations.
DitchCarbon Score
How does Tricon Residential'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
Tricon Residential's score of 23 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tricon Residential's reported carbon emissions
In 2023, Tricon Residential reported total carbon emissions of approximately 26,860,000 kg CO2e. This figure includes Scope 1 emissions of about 61,400 kg CO2e, Scope 2 emissions of approximately 1,880,200 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 24,400,000,000 kg CO2e. Notably, the Scope 3 emissions encompass various categories, including business travel (about 947,000 kg CO2e), use of sold products (approximately 61,493,000 kg CO2e), and purchased goods and services (around 22,316,742,000 kg CO2e). Despite the substantial emissions reported, Tricon Residential has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded emissions data from a parent organisation, indicating that all reported figures are directly attributed to Tricon Residential Inc. As a participant in the real estate sector, Tricon Residential's emissions profile reflects the broader industry challenges related to carbon management and sustainability. The absence of defined reduction targets suggests an opportunity for the company to enhance its climate strategy and align with industry best practices.
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| 2023 | |
|---|---|
| Scope 1 | 61,400 |
| Scope 2 | 1,880,200 |
| Scope 3 | 24,400,000,000 |
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.
Tricon Residential 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.
