Acadia Realty Trust

Country
United States
Sector
Real Estate
Industry
REIT - Retail
Employees
129
Ticker
AKR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Acadia Realty Trust, a real estate investment trust (REIT), focuses primarily on the acquisition, re-development, and management of retail properties located in densely populated, urban areas and subu...

Acadia Realty Trust's GHG Emissions Data Preview

In 2023, Acadia Realty Trust completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Acadia Realty Trust has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Acadia Realty Trust's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Acadia Realty Trust amounted to 9,698 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Acadia Realty Trust increased by 37.05%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Acadia Realty Trust's Scope 1 Emissions Over Time

20192022202304509001.35 k1.8 ktCO2e-32%+63%
  • Total Scope 1
  • Year-over-Year Change

What are Acadia Realty Trust's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Acadia Realty Trust were 1,756 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Acadia Realty Trust reduced its Scope 1 emissions over time?

Since 2019, Acadia Realty Trust's Scope 1 emissions have increased by 10.16%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Acadia Realty Trust's Scope 1 emissions increased by 62.59%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Acadia Realty Trust's Scope 2 emissions?

In 2023, Acadia Realty Trust reported Scope 2 greenhouse gas (GHG) emissions of 5,314 tCOâ‚‚e using the market-based method, and 7,942 tCOâ‚‚e using the location-based method.

Has Acadia Realty Trust reduced its Scope 2 emissions over time?

Since 2019, Acadia Realty Trust's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Acadia Realty Trust 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Acadia Realty Trust's Scope 2 emissions (Location-Based) rose by 32.45% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Acadia Realty Trust use for Scope 2 reporting?

In 2023, Acadia Realty Trust reported its Scope 2 emissions using the market-based method and using the location-based method.

Acadia Realty Trust's Scope 2 Emissions Over Time

20192022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Acadia Realty Trust's Value Chain Emissions

In 2023, Acadia Realty Trust reported 115,096 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Acadia Realty Trust includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Acadia Realty Trust's Scope 3 Emissions Over Time

201920222023030 k60 k90 k120 ktCO2e+12%+13%
  • Total Scope 3
  • Year-over-Year Change

What are Acadia Realty Trust's Scope 3 emissions?

In 2023, Acadia Realty Trust reported total Scope 3 emissions of 115,096 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.35% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.65% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Acadia Realty Trust reduced its Scope 3 emissions over time?

Since 2019, Acadia Realty Trust's Scope 3 emissions have increased by 25.97%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Acadia Realty Trust's Scope 3 emissions increased by 12.86%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Acadia Realty Trust disclose?

In 2023, Acadia Realty Trust reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Acadia Realty Trust's Scope 3 emissions?

In 2023, the largest contributors to Acadia Realty Trust's Scope 3 emissions were:

  • Downstream Leased Assets (Cat. 13): 114,691 tCOâ‚‚e (99.65%)
  • Employee Commuting (Cat. 7): 385 tCOâ‚‚e (0.33%)
  • Business Travel (Cat. 6): 20 tCOâ‚‚e (0.02%)

Acadia Realty Trust's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(99.6%)

Insights into Acadia Realty Trust's Total Carbon Footprint

In 2023, Acadia Realty Trust reported a total carbon footprint of 124,794 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.43% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Acadia Realty Trust's total carbon footprint was Scope 3 emissions, accounting for 92.23% of the company's total carbon footprint, followed by Scope 2 emissions at 6.36%.

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