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Plaza Retail REIT, a prominent player in the real estate services sector, is headquartered in Canada and operates primarily across various regions in the country. Founded in 2003, the company has established itself as a leader in the retail real estate market, focusing on the acquisition, development, and management of retail properties.
With a diverse portfolio that includes shopping centres and standalone retail locations, Plaza Retail REIT is known for its strategic positioning in high-traffic areas, which enhances tenant visibility and customer accessibility. The company’s commitment to quality and sustainability sets it apart in the competitive landscape of real estate services.
Recognised for its strong market presence, Plaza Retail REIT has achieved significant milestones, including consistent growth in its asset base and a reputation for delivering value to its investors. As it continues to expand, Plaza remains dedicated to providing exceptional retail spaces that meet the evolving needs of consumers and businesses alike.
21
DitchCarbon score
-8 vs industry average
Plaza Retail Reit’s score of 21 is lower than 38% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Real Estate Services has above-average carbon intensity
Industry performance
0.221
20182025
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Plaza Retail Reit's reported carbon emissions
Plaza Retail REIT, a real estate services company headquartered in CA, reported a total of approximately 3.11 million kg CO2e for its 2023 fiscal year. This figure encompasses Scope 1 and Scope 3 emissions, as Scope 2 data was not available for this reporting period.
In 2022, Plaza Retail REIT reported total emissions of approximately 3.40 million kg CO2e, comprising Scope 1 and Scope 3 emissions. Scope 2 data was also unavailable for 2022.
For the 2021 fiscal year, the company's reported emissions were approximately 815,000 kg CO2e for Scope 3 and 404,000 kg CO2e for Scope 1. Scope 2 emissions were not disclosed for 2021.
Plaza Retail REIT is committed to decarbonisation, with a portfolio-level plan developed in alignment with the Science Based Targets initiative (SBTi) and Climate Risk Real Estate Monitor (CRREM). This plan outlines a net-zero pathway for the fund through to 2030, covering Scope 1 and Scope 2 emissions. The company's ESG efforts are detailed in its 2023 ESG Report.
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Plaza Retail Reit’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Plaza Retail Reit3 months ago
21
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