American Assets Trust, Inc. is a prominent real estate investment trust (REIT) headquartered in the United States, with significant operations across key markets in California, Hawaii, and the Pacific Northwest. Founded in 2011, the company has established itself in the commercial real estate sector, focusing on the acquisition, development, and management of high-quality retail, office, and residential properties. With a diverse portfolio that includes shopping centres, office buildings, and multifamily communities, American Assets Trust is recognised for its strategic approach to property management and development. The company’s commitment to sustainability and community engagement sets it apart in the industry. Notable achievements include a strong market position and a reputation for delivering value to shareholders through prudent asset management and innovative development strategies.
How does American Assets Trust'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.
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.
American Assets Trust's score of 28 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, American Assets Trust reported total carbon emissions of approximately 499,725,000 kg CO2e, comprising about 430,362,000 kg CO2e from Scope 1 and about 69,363,000 kg CO2e from Scope 2 emissions. This marks a significant focus on emissions management as the company aims to reduce its absolute Scope 1 and Scope 2 emissions by more than 40% by 2025, using a 2007 baseline. Additionally, they have set a long-term target to achieve a 50% reduction in these emissions by 2035, based on a 2020 baseline. In 2023, the company reported total emissions of approximately 534,773,000 kg CO2e in the US, with Scope 1 emissions at about 459,896,000 kg CO2e and Scope 2 emissions at approximately 74,877,000 kg CO2e. The previous year, 2022, saw total emissions of about 557,491,000 kg CO2e, indicating a slight decrease in emissions over the two years. American Assets Trust has not disclosed any Scope 3 emissions data, which often represents a significant portion of total corporate emissions. The company’s commitment to reducing its carbon footprint aligns with industry standards and reflects a proactive approach to climate change mitigation.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 5,188,000 | 0,000,000 | 0,000,000 |
Scope 2 | 21,551,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.
American Assets Trust 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.