As of 2023, Acadia Realty Trust has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Acadia Realty Trust's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -46%a | 2030 |
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As of 2023, Acadia Realty Trust has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
As of 2023, Acadia Realty Trust has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Acadia Realty Trust's most ambitious operational target is to reduce these emissions by 46% by 2030, compared to a baseline of 7,916 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2023, Acadia Realty Trust is ahead of schedule on its operational emissions reduction target, having achieved 62.2% of the planned reduction.a