Urban Edge Properties
Urban Edge Properties, a prominent real estate investment trust (REIT), is headquartered in the United States and primarily operates in key urban markets across the country. Founded in 2014, the company has quickly established itself as a leader in the retail and mixed-use property sectors, focusing on enhancing community experiences through strategic property management and development. With a diverse portfolio that includes shopping centres and urban properties, Urban Edge Properties distinguishes itself by prioritising tenant relationships and community engagement. The company’s commitment to sustainability and innovation has garnered recognition within the industry, positioning it as a trusted partner for both investors and tenants. As Urban Edge continues to expand its footprint, it remains dedicated to creating vibrant spaces that foster economic growth and enhance urban living.
DitchCarbon Score
How does Urban Edge Properties'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
Urban Edge Properties's score of 7 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Urban Edge Properties's reported carbon emissions
In 2022, Urban Edge Properties reported total carbon emissions of approximately 10,563,000,000 kg CO2e, with Scope 1 emissions at about 1,062,000 kg CO2e and Scope 2 emissions at approximately 9,501,000 kg CO2e. This marked an increase in emissions compared to 2021, where total emissions were about 5,633,410 kg CO2e, with Scope 1 at approximately 552,100 kg CO2e and Scope 2 at about 5,783,310 kg CO2e. Despite the increase in emissions, Urban Edge Properties has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company has reported emissions intensity metrics, with a greenhouse gas emissions intensity of approximately 0.0000510594888 kg CO2e per square foot in 2022, indicating a focus on measuring their environmental impact relative to their operational scale. Urban Edge Properties is committed to addressing climate change, although specific strategies or pledges have not been detailed in the available data. The company operates within an industry increasingly focused on sustainability and carbon reduction, aligning with broader environmental goals.
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Add to project| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 552,100 | 0,000,000 |
| Scope 2 | 5,783,310 | 0,000,000 |
| Scope 3 | - | - |
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.
Urban Edge Properties is not committed to any reduction initiatives 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.
