Cadillac Fairview Sustainability Profile
Cadillac Fairview Corporation Limited, commonly known as Cadillac Fairview, is a prominent Canadian real estate company headquartered in Toronto, Ontario. Established in 1953, the firm has evolved into a leader in the commercial real estate sector, primarily focusing on the development, management, and leasing of retail and office properties across Canada and the United States. With a diverse portfolio that includes iconic shopping centres and office buildings, Cadillac Fairview is renowned for its commitment to sustainability and innovative design. The company has achieved significant milestones, including the development of landmark properties that enhance urban landscapes. As a key player in the industry, Cadillac Fairview continues to set benchmarks in property management and tenant relations, solidifying its position as a trusted name in real estate.
DitchCarbon Score
How does Cadillac Fairview'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
Cadillac Fairview's score of 31 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cadillac Fairview's reported carbon emissions
In 2023, Cadillac Fairview reported total carbon emissions of approximately 73,928,000 kg CO2e from Scope 1, 50,332,000 kg CO2e from Scope 2, and 50,332,000 kg CO2e from Scope 3 emissions. This marks a significant increase in emissions compared to 2022, where Scope 1 emissions were about 23,497,000 kg CO2e, Scope 2 emissions were approximately 50,144,000 kg CO2e (market-based), and Scope 3 emissions were around 38,218,000 kg CO2e. In Canada, emissions for 2022 included approximately 23,328,000 kg CO2e from Scope 1, 47,399,000 kg CO2e from Scope 2, and 28,907,000 kg CO2e from Scope 3. The previous year, 2021, saw Scope 1 emissions at about 24,226,000 kg CO2e, Scope 2 emissions at 44,550,000 kg CO2e, and Scope 3 emissions at 15,991,000 kg CO2e. Cadillac Fairview has not set specific reduction targets or initiatives as per the available data. The organisation does not appear to inherit emissions data from a parent company, and there are no reported commitments to initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. Overall, Cadillac Fairview's emissions data reflects a complex landscape of carbon output across various scopes, with no current reduction strategies outlined.
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| 2014 | 2016 | 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 24,800,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 9,100,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 17,100,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Cadillac Fairview's Industry?
How Carbon Intensive is Cadillac Fairview's Location?
Cadillac Fairview'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.
Cadillac Fairview 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.
