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 89% 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 2022, Plaza Retail REIT reported total carbon emissions of approximately 2,957,000 kg CO2e. This marked a decrease from 2021, when emissions were about 3,321,000 kg CO2e. However, there is no specific emissions data available for 2023 and 2024, as the reports do not disclose Scope 1, 2, or 3 emissions figures for these years. Plaza Retail REIT has not set any formal reduction targets or initiatives, nor have they committed to the Science Based Targets initiative (SBTi). Their energy intensity for electricity usage was reported at 22.4 ekWh/sqft in 2023 and 29.6 ekWh/sqft in 2024, indicating a potential area for improvement in energy efficiency. Overall, while Plaza Retail REIT has shown a reduction in emissions from 2021 to 2022, the lack of detailed emissions data and formal climate commitments suggests that further transparency and action may be necessary to enhance their 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.
