Target Healthcare REIT, headquartered in Great Britain, is a leading player in the healthcare real estate investment trust (REIT) sector. Founded in 2019, the company focuses on acquiring and managing high-quality healthcare properties across the UK, particularly in the care home sector. With a commitment to enhancing the quality of care through strategic investments, Target Healthcare REIT offers a unique portfolio of purpose-built care facilities. Their approach combines rigorous asset management with a deep understanding of the healthcare landscape, positioning them as a trusted partner for operators and investors alike. Notable achievements include a robust market presence and a growing portfolio that underscores their dedication to sustainable healthcare solutions. As a prominent entity in the healthcare real estate market, Target Healthcare REIT continues to set benchmarks for quality and performance in the industry.
How does Target Healthcare 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.
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.
Target Healthcare Reit's score of 30 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Target Healthcare REIT reported carbon emissions of approximately 6,220 kg CO2e from Scope 1, specifically from mobile combustion, with no emissions recorded for Scope 2. This marks an increase from 2023, where emissions from Scope 1 were about 4,170 kg CO2e. The company has not disclosed any Scope 3 emissions for 2024. Globally, in 2023, Target Healthcare REIT's emissions included about 4,170 kg CO2e from Scope 1, 18,140 kg CO2e from Scope 2, and significant Scope 3 emissions of approximately 116,860 kg CO2e attributed to business travel. In 2022, the global emissions were about 2,490 kg CO2e for Scope 1, 10,440 kg CO2e for Scope 2, and around 94,400 kg CO2e for Scope 3. Despite these figures, Target Healthcare REIT has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The emissions data is sourced directly from Target Healthcare REIT PLC, with no cascaded data from a parent organization. Overall, while the company is actively reporting its emissions, it currently lacks defined climate commitments or reduction strategies to address its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 2,490 | 0,000 |
| Scope 2 | 10,440 | 00,000 |
| Scope 3 | 94,400 | 000,000 |
Target Healthcare Reit's Scope 3 emissions, which increased by 24% last year and increased by approximately 24% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Target Healthcare Reit has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
