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.
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.
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.
Arena Reit's score of 29 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Arena REIT reported total carbon emissions of approximately 188,590 kg CO2e, all of which fall under Scope 3 emissions. This includes about 2,690 kg CO2e from employee commuting, 96,500 kg CO2e from purchased goods and services, and 1,240 kg CO2e from waste generated in operations. Notably, there were no emissions reported under Scope 1 or Scope 2. Comparatively, in 2022, Arena REIT's total emissions were about 195,900 kg CO2e, with Scope 1 emissions at 200 kg CO2e, Scope 2 emissions at 6,200 kg CO2e, and Scope 3 emissions at approximately 189,500 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Despite these figures, Arena REIT has not set specific reduction targets or climate pledges, which may limit their commitment to addressing climate change. The absence of documented reduction initiatives suggests a need for enhanced strategies to mitigate their carbon footprint in the future.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 200 | 000 | - |
Scope 2 | 6,200 | 0,000 | - |
Scope 3 | 969,500 | 000,000 | 000,000 |
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.