Granite Real Estate Investment Trust
Granite REIT's Climate Target Data Preview
As of 2023, Granite REIT has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based 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 Granite REIT's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) | Copy/Paste is a PRO feature.  a | 2030 |
Verified Sources Behind Granite REIT’s Climate Targets Data
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Insights into Granite REIT's Greenhouse Gas Emissions Pathways
As of 2023, Granite REIT 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
Does Granite REIT have a target to reduce the emissions from its operations?
As of 2023, Granite REIT has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Granite REIT's most ambitious operational target is to reduce these emissions by 25% by 2030, compared to a baseline of 0.022 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2019.a
Granite REIT has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a