Federal Realty Investment Trust

Common Name
Federal Realty
Country
United States
Sector
Real Estate
Industry
REIT - Retail
Employees
304
Ticker
FRT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Federal Realty Investment Trust is a real estate investment trust (REIT) that specializes in owning, managing, and redeveloping retail and mixed-use properties. This asset is primarily focused on high...

Federal Realty's GHG Emissions Data Preview

In 2024, Federal Realty 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).

Federal Realty has also provided a category-level breakdown for 5 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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a
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a
0000000
Location-Based
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0000000
Total Scope 3
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b
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Federal Realty’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 Federal Realty’s data sources below and access millions more through our Disclosure Search.

a. Federal Realty's Sustainability Report 2024
a. Federal Realty's Sustainability Report 2024
b. Federal Realty's Sustainability Report 2023
b. Federal Realty's Sustainability Report 2023

Insights into Federal Realty's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Federal Realty amounted to 24,928 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 Federal Realty decreased by 4.03%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Federal Realty's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e+10%+19%+11%-17%-14%
  • Total Scope 1
  • Year-over-Year Change

What are Federal Realty's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Federal Realty were 3,186 metric tons of CO₂ equivalent (tCO₂e). a

Has Federal Realty reduced its Scope 1 emissions over time?

Since 2019, Federal Realty's Scope 1 emissions have increased by 4.49%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Federal Realty's Scope 1 emissions decreased by 13.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Federal Realty's Scope 2 emissions?

In 2024, Federal Realty reported Scope 2 greenhouse gas (GHG) emissions of 11,586 tCO₂e using the market-based method and 21,742 tCO₂e using the location-based method. a

Has Federal Realty reduced its Scope 2 emissions over time?

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

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

What methodology does Federal Realty use for Scope 2 reporting?

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

Federal Realty's Scope 2 Emissions Over Time

20192020202120222023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Federal Realty's Value Chain Emissions

In 2024, Federal Realty reported 207,675 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 Federal Realty includes a breakdown across 5 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

Federal Realty's Scope 3 Emissions Over Time

20232024055 k110 k165 k220 ktCO2e+11%
  • Total Scope 3
  • Year-over-Year Change

What are Federal Realty's Scope 3 emissions?

In 2024, Federal Realty reported total Scope 3 emissions of 207,675 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 11.22% of these emissions originated from upstream activities such as purchased goods and capital goods, while 88.78% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Federal Realty's Scope 3 emissions increased by 11.05%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Federal Realty disclose?

In 2024, Federal Realty reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2024, the largest contributors to Federal Realty's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 184,383 tCO₂e (88.78%)
  • Waste Generated in Operations (Cat. 5): 22,538 tCO₂e (10.85%)
  • Business Travel (Cat. 6): 635 tCO₂e (0.31%)

Federal Realty's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(88.8%)Waste Generated inOperations (Cat. 5)(10.9%)

Insights into Federal Realty’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Federal Realty reported Scope 1 greenhouse gas (GHG) emissions of 3,186 tCO₂e and total revenues of USD 1,202 millions. This translates into an emissions intensity of 2.65 tCO₂e per millions USD. a

Federal Realty's Scope 1 Emissions Intensity Compared to Peers

202001,00010,000100,000Scope 1 Emissions (tCO2e)1005001,0005,00010,000Revenues (Millions of USD)NNN REITYear: 2024Scope 1: 108 tCO2eRevenue: $M 869Scope 1 Intensity: 0.12 tCO2e/$MRegency CentersYear: 2024Scope 1: 3,179 tCO2eRevenue: $M 1,454Scope 1 Intensity: 2.19 tCO2e/$MPhillips Edison & CoYear: 2023Scope 1: 9,500 tCO2eRevenue: $M 610Scope 1 Intensity: 15.57 tCO2e/$MRealty IncomeYear: 2023Scope 1: 55 tCO2eRevenue: $M 4,074Scope 1 Intensity: 0.01 tCO2e/$MMedical Properties TrustYear: 2022Scope 1: 4,835 tCO2eRevenue: $M 1,543Scope 1 Intensity: 3.13 tCO2e/$MCousins PropertiesYear: 2023Scope 1: 366 tCO2eRevenue: $M 803Scope 1 Intensity: 0.46 tCO2e/$MBroadstone Net LeaseYear: 2024Scope 1: 361 tCO2eRevenue: $M 432Scope 1 Intensity: 0.84 tCO2e/$MKimco RealtyYear: 2024Scope 1: 4,165 tCO2eRevenue: $M 2,037Scope 1 Intensity: 2.04 tCO2e/$MAcadia Realty TrustYear: 2024Scope 1: 1,976 tCO2eRevenue: $M 360Scope 1 Intensity: 5.49 tCO2e/$MKilroy RealtyYear: 2023Scope 1: 4,765 tCO2eRevenue: $M 1,130Scope 1 Intensity: 4.22 tCO2e/$MSabra Health Care REITYear: 2024Scope 1: 6,694 tCO2eRevenue: $M 703Scope 1 Intensity: 9.52 tCO2e/$MHealthcare Realty TrustYear: 2023Scope 1: 21,152 tCO2eRevenue: $M 1,344Scope 1 Intensity: 15.74 tCO2e/$MEPR PropertiesYear: 2023Scope 1: 6,064 tCO2eRevenue: $M 660Scope 1 Intensity: 9.19 tCO2e/$MAgree RealtyYear: 2023Scope 1: 271 tCO2eRevenue: $M 537Scope 1 Intensity: 0.50 tCO2e/$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: $M 445Scope 1 Intensity: 1.34 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$MInvitation HomesYear: 2022Scope 1: 5,158 tCO2eRevenue: $M 2,238Scope 1 Intensity: 2.30 tCO2e/$MUDRYear: 2023Scope 1: 16,379 tCO2eRevenue: $M 1,628Scope 1 Intensity: 10.06 tCO2e/$MAmerican Homes 4 RentYear: 2024Scope 1: 13,532 tCO2eRevenue: $M 1,729Scope 1 Intensity: 7.83 tCO2e/$MKite Realty Group TrustYear: 2024Scope 1: 2,617 tCO2eRevenue: $M 842Scope 1 Intensity: 3.11 tCO2e/$MTangerYear: 2024Scope 1: 3,572 tCO2eRevenue: $M 526Scope 1 Intensity: 6.79 tCO2e/$MFederal RealtyYear: 2024Scope 1: 3,186 tCO2eRevenue: $M 1,202Scope 1 Intensity: 2.65 tCO2e/$M

How does Federal Realty's GHG emissions intensity compare to its peers?

In 2024, Federal Realty reported a Scope 1 emissions intensity of 2.65 tCO₂e per millions USD. Compared to the peer group median of 3.13 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Federal Realty rank on GHG emissions intensity within its industry?

In 2024, Federal Realty ranked 10 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Federal Realty's Total Carbon Footprint

In 2024, Federal Realty reported a total carbon footprint of 232,603 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.21% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Federal Realty's total carbon footprint was Scope 3 emissions, accounting for 89.28% of the company's total carbon footprint, followed by Scope 2 emissions at 9.35%. a

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