Vici Properties Inc., a leading real estate investment trust (REIT), is headquartered in the United States, with a strong presence in major gaming and hospitality markets. Founded in 2017, the company has quickly established itself as a key player in the gaming and leisure industry, focusing on acquiring, owning, and managing a diverse portfolio of properties, primarily in the casino sector. Vici Properties is renowned for its unique triple-net lease structure, which allows for stable, long-term cash flows while minimising operational responsibilities. The company’s strategic acquisitions, including notable partnerships with prominent gaming operators, have solidified its market position. With a commitment to enhancing shareholder value, Vici Properties continues to expand its footprint, making it a significant force in the real estate landscape.
How does Vici Properties'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.
Vici Properties's score of 41 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Vici Properties reported total carbon emissions of approximately 2,366,000 kg CO2e, comprising 477,900 kg CO2e from Scope 1 and 1,888,000 kg CO2e from Scope 2 emissions. This marks a decrease from 2023, where emissions totalled about 2,628,000 kg CO2e, with Scope 1 at 523,900 kg CO2e and Scope 2 at 2,104,000 kg CO2e. The trend indicates a commitment to reducing their carbon footprint, particularly in their operational activities. Vici Properties has set science-based greenhouse gas (GHG) emissions reduction targets, aiming for significant reductions by 2025 and 2050 across both Scope 1 and Scope 2 emissions. These targets reflect their commitment to achieving net-zero emissions in the near and long term, with specific initiatives focused on their leased properties. The company does not currently disclose Scope 3 emissions data, which typically includes indirect emissions from the value chain. However, their ongoing efforts in emissions reduction demonstrate a proactive approach to climate commitments within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 630,303,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | - |
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.
Vici Properties 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.
