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Realty Income Corporation, often referred to simply as Realty Income, is a prominent player in the real estate services industry, headquartered in the United States. Founded in 1969, the company has established itself as a leader in the acquisition and management of commercial properties, primarily focusing on single-tenant retail and convenience store sectors.
With a unique business model centred around monthly dividend payments, Realty Income has earned the nickname "The Monthly Dividend Company." Its extensive portfolio spans across major operational regions in the US, showcasing a commitment to long-term, sustainable growth. Notable achievements include a consistent track record of dividend payments, making it a favourite among income-focused investors. Realty Income's strategic approach and market position underscore its reputation as a reliable and innovative entity in the real estate sector.
-2 vs industry average
Realty Income’s score of 27 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Realty Income, a real estate services company, reported total carbon emissions of approximately 16,545,000 kg CO2e in 2024. This figure includes Scope 1 emissions of 495,000 kg CO2e, Scope 2 emissions of 1,050,000 kg CO2e (market-based), and Scope 3 emissions of 15,000,000 kg CO2e. For 2023, the company's total emissions were about 15,980,000 kg CO2e, with Scope 1 at 480,000 kg CO2e, Scope 2 at 1,000,000 kg CO2e, and Scope 3 at 14,500,000 kg CO2e. In 2022, total emissions stood at around 15,450,000 kg CO2e, comprising 470,000 kg CO2e for Scope 1, 980,000 kg CO2e for Scope 2, and 14,000,000 kg CO2e for Scope 3.
Realty Income has set near-term net-zero targets for Scope 1 and Scope 2 emissions by 2030, based on a 2023 baseline. Additionally, the company is committed to achieving long-term net-zero Scope 1 and Scope 2 greenhouse gas emissions by 2040, as detailed in their 2020 Sustainability Report. This commitment includes increasing renewable energy use in stores and operations, implementing energy-efficient refrigeration, and expanding their fleet of low-emission delivery vehicles. All reported emissions data and commitments are directly from Realty Income Corporation.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
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