Plaza Retail Reit
Plaza Retail REIT, headquartered in Canada, is a prominent player in the real estate investment trust (REIT) sector, specialising in the ownership, management, and development of retail properties. Founded in 2003, the company has established a strong presence across major Canadian markets, focusing on grocery-anchored shopping centres and standalone retail locations. With a diverse portfolio that includes both urban and suburban properties, Plaza Retail REIT distinguishes itself through its commitment to high-quality assets and strategic tenant relationships. The company has achieved notable milestones, including consistent growth in its distribution and a robust occupancy rate, positioning it as a leader in the Canadian retail real estate landscape. Plaza Retail REIT continues to adapt to market trends, ensuring its offerings meet the evolving needs of consumers and retailers alike.
DitchCarbon Score
How does Plaza Retail Reit'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
Plaza Retail Reit's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Plaza Retail Reit's reported carbon emissions
In 2023, Plaza Retail REIT reported total carbon emissions of approximately 3,111,000 kg CO2e. This figure represents a decrease from 2022, when emissions were about 3,403,000 kg CO2e, indicating a positive trend in their carbon footprint management. In 2021, emissions were recorded at approximately 3,321,000 kg CO2e. Despite these reductions, Plaza Retail REIT has not disclosed specific targets for further emissions reductions or any commitments to the Science Based Targets initiative (SBTi). The company has not provided detailed data on Scope 1, 2, or 3 emissions, nor has it outlined any significant climate pledges. The energy intensity for Plaza Retail REIT is reported at 29.6 kWh/sqft, which reflects their operational efficiency in energy use. As the company continues to navigate its climate commitments, further transparency and specific reduction targets would enhance its sustainability profile.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Plaza Retail Reit 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.
