Arena Reit Sustainability Profile
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 8 is lower than 96% 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 2024, Arena REIT reported total carbon emissions of approximately 2,058 tonnes CO2e, with all emissions classified under Scope 3, amounting to about 4,449,830 kg CO2e. Notably, Scope 1 and Scope 2 emissions were recorded as zero, indicating no direct or indirect emissions from owned or controlled sources. The total emissions for Scope 1 and 2 combined were approximately 6,432 tonnes CO2e. For the previous year, 2023, Arena REIT's emissions totalled about 189 tonnes CO2e, with Scope 3 emissions reaching approximately 7,098,590 kg CO2e. Again, Scope 1 emissions were zero, while Scope 2 emissions were about 5,400 kg CO2e, leading to a combined total for Scope 1 and 2 of approximately 6,741 tonnes CO2e. Despite these figures, Arena REIT has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in the Science Based Targets initiative (SBTi). The absence of reduction targets suggests a need for further development in their sustainability strategy. Overall, Arena REIT's emissions data reflects a significant reliance on Scope 3 emissions, which are often the most challenging to manage, highlighting the importance of comprehensive strategies to address indirect emissions across their value chain.
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| 2021 | |
|---|---|
| Scope 1 | 200 |
| Scope 2 | 6,200 |
| Scope 3 | 969,500 |
How Carbon Intensive is Arena Reit's Industry?
How Carbon Intensive is Arena Reit's Location?
Arena Reit's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Arena Reit has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
