Arena Reit
Arena REIT, headquartered in Australia, is a prominent player in the real estate investment trust (REIT) sector, specialising in the acquisition and management of healthcare and education properties. Founded in 2010, the company has established a strong presence across key operational regions, focusing on high-quality assets that cater to essential services. With a diverse portfolio that includes aged care facilities, childcare centres, and medical centres, Arena REIT distinguishes itself through its commitment to long-term leases and strategic partnerships. The company has achieved significant milestones, including consistent growth in its asset base and a reputation for reliability in the market. As a leader in the healthcare and education property sectors, Arena REIT continues to deliver value to its investors while supporting vital community services across Australia.
DitchCarbon Score
How does Arena 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
Arena Reit's score of 24 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arena Reit's reported carbon emissions
In 2023, Arena REIT reported total carbon emissions of approximately 188,590 kg CO2e, all of which fall under Scope 3 emissions. This includes emissions from employee commuting (about 2,690 kg CO2e), purchased goods and services (approximately 740 kg CO2e), and waste generated in operations (around 500 kg CO2e). Notably, there were no reported emissions from Scope 1 or Scope 2 categories, indicating a focus on indirect emissions. Comparatively, in 2022, Arena REIT's total emissions were about 176,600 kg CO2e, with Scope 3 emissions accounting for approximately 1,297,200 kg CO2e, and Scope 2 emissions at about 5,400 kg CO2e. This suggests a significant increase in reported Scope 3 emissions in 2023. Despite the increase in emissions, Arena REIT has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The organisation's emissions data is not cascaded from a parent company, and all figures are derived directly from Arena REIT's disclosures. Overall, Arena REIT's climate commitments appear to be in the early stages, with a need for more defined strategies to address their carbon footprint effectively.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 6,200 | 0,000 | - |
| Scope 3 | 1,491,600 | 0,000,000 | 0,000,000 |
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.
Arena 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.
