Whitestone REIT, officially known as Whitestone Real Estate Investment Trust, is a prominent player in the real estate services industry, headquartered in the United States. Founded in 2007, the company has established a strong presence in key operational regions, focusing 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 tenant relationships and fostering vibrant neighbourhoods. The company’s unique approach to property management and tenant engagement has positioned it favourably within the market, earning recognition for its innovative strategies and sustainable practices. With a robust portfolio and a dedication to quality service, Whitestone REIT continues to make significant strides in the real estate sector.
-4 vs industry average
Whitestone REIT’s score of 24 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Whitestone REIT's reported carbon emissions
Whitestone REIT, a real estate services company headquartered in the US, reported its carbon emissions for 2024, totalling approximately 7.25 million kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For 2024, Whitestone REIT's Scope 1 emissions were approximately 48,000 kg CO2e. Scope 2 emissions, calculated on a location basis, were about 2.11 million kg CO2e. Scope 3 emissions, specifically from downstream leased assets, amounted to approximately 5.10 million kg CO2e. In the preceding year, 2023, the company's total emissions were approximately 7.71 million kg CO2e. This breakdown included Scope 1 emissions of about 64,000 kg CO2e, Scope 2 emissions of approximately 2.30 million kg CO2e (location-based), and Scope 3 emissions from downstream leased assets of around 5.39 million kg CO2e. Whitestone REIT has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge, according to the provided information. The company's reporting includes Scope 1, 2, and 3 emissions, with a focus on downstream leased assets within its Scope 3 reporting. However, data for certain Scope 3 categories, such as purchased goods and services and capital goods, were noted as missing.
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Whitestone REIT’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Whitestone REIT yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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