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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's 2023 carbon emissions for Scope 1 were approximately 953,000 kg CO2e, and Scope 3 emissions were approximately 1,678,000 kg CO2e. In 2022, their Scope 1 emissions were about 480,000 kg CO2e and Scope 3 emissions were about 953,000 kg CO2e. For 2021, Scope 1 emissions were approximately 404,000 kg CO2e and Scope 3 emissions were about 815,000 kg CO2e. There is no Scope 2 emissions data available for these years.
Plaza Retail REIT, in the real estate services industry, has set near-term net-zero targets for Scope 1 and Scope 2 emissions. These targets, cascaded from Slate Asset Management, detail a net-zero pathway for their fund out to 2030, aligned with the Science Based Targets initiative (SBTi) and Climate Risk Real Estate Monitor (CRREM).
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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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