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.
-9 vs industry average
Plaza Retail Reit’s score of 19 is lower than 36% 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
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
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, has reported its carbon emissions for the years 2021, 2022, and 2023. In 2023, the company's total reported emissions were approximately 3,111,000 kg CO2e, comprising approximately 953,000 kg CO2e from Scope 1 emissions and approximately 1,678,000 kg CO2e from Scope 3 emissions. Scope 2 data was not available for 2023. The previous year, 2022, saw total emissions of about 3,403,000 kg CO2e, with approximately 480,000 kg CO2e from Scope 1 and approximately 953,000 kg CO2e from Scope 3. Again, Scope 2 data was not reported for 2022. In 2021, Plaza Retail REIT reported approximately 404,000 kg CO2e of Scope 1 emissions and approximately 815,000 kg CO2e of Scope 3 emissions, with no Scope 2 data available. Plaza Retail REIT is committed to reducing its environmental impact, 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 up to 2030, addressing both Scope 1 and Scope 2 emissions. The company's ESG reporting is available through its website.
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Plaza Retail Reit’s Climate Goals (2030 & 2050)
2 goals2030
Slate developed a portfolio-level plan aligned with Science…
Slate developed a portfolio-level plan aligned with Science Based Targets initiative (SBTi) and Climate Risk Real Estate Monitor (CRREM) det…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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