CT Real Estate Investment Trust

Common Name
CT REIT
Country
Canada
Sector
Real Estate
Industry
REIT - Retail
Employees
71
Ticker
CRT.UN
Exchange
TORONTO STOCK EXCHANGE
Description
CT Real Estate Investment Trust is a Canadian-based real estate investment trust focused on owning and managing properties across Canada. The primary purpose of CT Real Estate Investment Trust is to s...

CT REIT's GHG Emissions Data Preview

In 2024, CT REIT 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).

CT REIT has also provided a category-level breakdown for 2 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Unspecified Calculation Method
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b
0000000
Total Scope 3
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind CT REIT’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CT REIT’s data sources below and access millions more through our Disclosure Search.

a. CT REIT's ESG Report 2024
a. CT REIT's ESG Report 2024
b. CT REIT's ESG Report 2023
b. CT REIT's ESG Report 2023

Insights into CT REIT's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of CT REIT amounted to 1,953.1 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). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of CT REIT increased by 10.81%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

CT REIT's Scope 1 Emissions Over Time

202120222023202403006009001.2 ktCO2e+66%-13%+14%
  • Total Scope 1
  • Year-over-Year Change

What are CT REIT's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CT REIT were 1,129.6 metric tons of CO₂ equivalent (tCO₂e). a

Has CT REIT reduced its Scope 1 emissions over time?

Since 2021, CT REIT's Scope 1 emissions have increased by 64.83%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), CT REIT's Scope 1 emissions increased by 14.42%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are CT REIT's Scope 2 emissions?

In 2024, CT REIT reported Scope 2 greenhouse gas (GHG) emissions of 823.5 tCO₂e using the market-based method and 823.5 tCO₂e using the location-based method. a

Has CT REIT reduced its Scope 2 emissions over time?

Compared to the previous year (2023), CT REIT's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that CT REIT 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does CT REIT use for Scope 2 reporting?

In 2024, CT REIT reported its Scope 2 emissions using the market-based method and using the location-based method. a

CT REIT's Scope 2 Emissions Over Time

202120222023202402505007501 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into CT REIT's Value Chain Emissions

In 2024, CT REIT reported 123,411.3 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of CT REIT includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

CT REIT's Scope 3 Emissions Over Time

2021202220232024035 k70 k105 k140 ktCO2e+5%+29%+7%
  • Total Scope 3
  • Year-over-Year Change

What are CT REIT's Scope 3 emissions?

In 2024, CT REIT reported total Scope 3 emissions of 123,411.3 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has CT REIT reduced its Scope 3 emissions over time?

Since 2021, CT REIT's Scope 3 emissions have increased by 45.19%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), CT REIT's Scope 3 emissions remained relatively stable, indicating that CT REIT 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does CT REIT disclose?

In 2024, CT REIT reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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

What are the main sources of CT REIT's Scope 3 emissions?

In 2024, the largest contributors to CT REIT's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 123,411.3 tCO₂e (100%)

CT REIT's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into CT REIT’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CT REIT reported Scope 1 greenhouse gas (GHG) emissions of 1,129.6 tCO₂e and total revenues of USD 402 millions. This translates into an emissions intensity of 2.81 tCO₂e per millions USD. a

CT REIT's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000100,000Scope 1 Emissions (tCO2e)502001,0002,00010,000Revenues (Millions of USD)RioCanYear: 2024Scope 1: 7,128 tCO2eRevenue: $M 862Scope 1 Intensity: 8.27 tCO2e/$MVicinity CentresYear: 2024Scope 1: 5,294 tCO2eRevenue: $M 879Scope 1 Intensity: 6.03 tCO2e/$MGranite REITYear: 2024Scope 1: 2,401 tCO2eRevenue: $M 396Scope 1 Intensity: 6.07 tCO2e/$MChampion REITYear: 2023Scope 1: 188 tCO2eRevenue: $M 330Scope 1 Intensity: 0.57 tCO2e/$MSmartCentresYear: 2024Scope 1: 4,336 tCO2eRevenue: $M 638Scope 1 Intensity: 6.79 tCO2e/$MAcadia Realty TrustYear: 2024Scope 1: 1,976 tCO2eRevenue: $M 360Scope 1 Intensity: 5.49 tCO2e/$MFirst Capital REITYear: 2024Scope 1: 10,531 tCO2eRevenue: $M 496Scope 1 Intensity: 21.23 tCO2e/$MJMFYear: 2024Scope 1: 4,988 tCO2eRevenue: $M 564Scope 1 Intensity: 8.84 tCO2e/$MSimon Property GroupYear: 2023Scope 1: 22,241 tCO2eRevenue: $M 5,659Scope 1 Intensity: 3.93 tCO2e/$MMacerichYear: 2024Scope 1: 30,779 tCO2eRevenue: $M 918Scope 1 Intensity: 33.52 tCO2e/$MUrban Edge PropertiesYear: 2024Scope 1: 596 tCO2eRevenue: $M 445Scope 1 Intensity: 1.34 tCO2e/$MNomura Real Estate Master FundYear: 2023Scope 1: 1,196 tCO2eRevenue: $M 572Scope 1 Intensity: 2.09 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$MMercialysYear: 2024Scope 1: 1,059 tCO2eRevenue: $M 230Scope 1 Intensity: 4.60 tCO2e/$MFederal RealtyYear: 2024Scope 1: 3,186 tCO2eRevenue: $M 1,202Scope 1 Intensity: 2.65 tCO2e/$MHyprop InvestmentsYear: 2024Scope 1: 13,352 tCO2eRevenue: $M 247Scope 1 Intensity: 54.17 tCO2e/$MChoice PropertiesYear: 2024Scope 1: 5,150 tCO2eRevenue: $M 952Scope 1 Intensity: 5.41 tCO2e/$MFrasers Centrepoint TrustYear: 2023Scope 1: 27 tCO2eRevenue: $M 271Scope 1 Intensity: 0.10 tCO2e/$MSunway REITYear: 2023Scope 1: 14 tCO2eRevenue: $M 152Scope 1 Intensity: 0.09 tCO2e/$MKite Realty Group TrustYear: 2024Scope 1: 2,617 tCO2eRevenue: $M 842Scope 1 Intensity: 3.11 tCO2e/$MFreyYear: 2024Scope 1: 202 tCO2eRevenue: $M 199Scope 1 Intensity: 1.01 tCO2e/$MTangerYear: 2024Scope 1: 3,572 tCO2eRevenue: $M 526Scope 1 Intensity: 6.79 tCO2e/$MCT REITYear: 2024Scope 1: 1,130 tCO2eRevenue: $M 402Scope 1 Intensity: 2.81 tCO2e/$M

How does CT REIT's GHG emissions intensity compare to its peers?

In 2024, CT REIT reported a Scope 1 emissions intensity of 2.81 tCO₂e per millions USD. Compared to the peer group median of 5.01 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does CT REIT rank on GHG emissions intensity within its industry?

In 2024, CT REIT ranked 9 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

CT REIT is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into CT REIT's Total Carbon Footprint

In 2024, CT REIT reported a total carbon footprint of 125,364.4 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.38% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to CT REIT's total carbon footprint was Scope 3 emissions, accounting for 98.44% of the company's total carbon footprint, followed by Scope 1 emissions at 0.9%. a

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