Whitestone REIT
Whitestone REIT, officially known as Whitestone Real Estate Investment Trust, is a prominent player in the real estate investment sector, headquartered in the United States. Founded in 2007, the company has established a strong presence in key operational regions, focusing primarily on the acquisition, development, and management of retail and mixed-use properties. Specialising in community-centric shopping centres, Whitestone REIT distinguishes itself through its commitment to enhancing local economies and fostering tenant relationships. The company’s portfolio features a diverse range of properties that cater to essential services and lifestyle needs, positioning it favourably within the market. With a reputation for quality and innovation, Whitestone REIT continues to achieve notable milestones, solidifying its status as a leader in the retail real estate industry.
DitchCarbon Score
How does Whitestone REIT'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
Whitestone REIT's score of 20 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Whitestone REIT's reported carbon emissions
In 2022, Whitestone REIT reported total carbon emissions of approximately 3,000,000 kg CO2e from Scope 2 and about 3,418,000 kg CO2e from Scope 3, specifically from downstream leased assets. The company also recorded around 19,000 kg CO2e in Scope 1 emissions. This data reflects a slight decrease in Scope 1 emissions from 21,000 kg CO2e in 2021, while Scope 2 emissions decreased from 3,115,000 kg CO2e, and Scope 3 emissions decreased from 3,514,000 kg CO2e in the previous year. Despite these reductions, Whitestone REIT has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction initiatives indicates a potential area for improvement in their climate strategy. The emissions data is not cascaded from any parent organization, ensuring that the figures are solely reflective of Whitestone REIT's operational impact.
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.
Whitestone REIT 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.
