National Retail Properties, Inc. (commonly referred to as NNN) is a prominent real estate investment trust (REIT) headquartered in the United States. Founded in 1984, the company has established a strong presence in the retail sector, focusing primarily on the acquisition and management of high-quality retail properties across the country. With a diverse portfolio that includes convenience stores, restaurants, and service-oriented retail, National Retail Properties stands out for its commitment to long-term leases and stable cash flows. The company operates primarily in major markets, ensuring a strategic footprint that enhances its market position. Recognised for its consistent performance and strong dividend history, National Retail Properties has achieved notable milestones, solidifying its reputation as a leader in the retail real estate industry.
How does National Retail Properties'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.
National Retail Properties's score of 23 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, National Retail Properties reported total carbon emissions of approximately 344,219,630 kg CO2e across all scopes. This includes 2,704,300 kg CO2e from Scope 1 emissions and 7,142,200 kg CO2e from Scope 2 emissions, resulting in a combined total of 9,846,500 kg CO2e for Scope 1 and 2. The majority of their emissions, about 344,219,630 kg CO2e, fall under Scope 3, which typically encompasses indirect emissions from the value chain. Despite the significant emissions reported, there are currently no specific reduction targets or climate pledges disclosed by National Retail Properties. The absence of documented reduction initiatives suggests that the company may still be in the early stages of formalising its climate commitments. As the retail real estate sector increasingly prioritises sustainability, it will be essential for National Retail Properties to establish clear targets and strategies to mitigate its carbon footprint in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2023 | |
---|---|---|---|
Scope 1 | - | - | 0,000,000 |
Scope 2 | 10,500 | 00,000 | 0,000,000 |
Scope 3 | - | 000,000,000 | 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.
National Retail Properties 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.