Tricon Residential Sustainability Profile
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 14 is lower than 82% 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 268,600,000 kg CO2e. This figure includes Scope 1 emissions of about 3,491,800 kg CO2e, Scope 2 emissions of approximately 1,880,200 kg CO2e, and a significant contribution from Scope 3 emissions, which total around 263,228,000 kg CO2e. Tricon Residential has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of reduction targets suggests a need for further development in their sustainability strategy. The emissions data is not cascaded from any parent organization, indicating that these figures are solely attributed to Tricon Residential Inc. As a company headquartered in California, Tricon Residential operates within an industry increasingly focused on climate action and sustainability, highlighting the importance of establishing clear emissions reduction goals in line with global climate standards.
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| 2023 | |
|---|---|
| Scope 1 | 3,491,800 |
| Scope 2 | 1,880,200 |
| Scope 3 | 263,228,000 |
How Carbon Intensive is Tricon Residential's Industry?
How Carbon Intensive is Tricon Residential's Location?
Tricon Residential'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.
Tricon Residential 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.
