H&R Real Estate Investment Trust
H&R REIT's GHG Emissions Data Preview
In 2023, H&R 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).
H&R REIT 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature. | 0000000 |
Verified Sources Behind H&R 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 H&R REIT’s data sources below and access millions more through our Disclosure Search.
Insights into H&R REIT's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of H&R REIT amounted to 24,929 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 2022, the total operational greenhouse gas (GHG) emissions of H&R REIT decreased by 5.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
H&R REIT's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are H&R REIT's Scope 1 emissions?
In 2023, the total Scope 1 emissions of H&R REIT were 8,964 metric tons of CO₂ equivalent (tCO₂e).a
Has H&R REIT reduced its Scope 1 emissions over time?
Since 2019, H&R REIT's Scope 1 emissions have decreased by 6.11%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2022), H&R REIT's Scope 1 emissions decreased by 11.04%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are H&R REIT's Scope 2 emissions?
In 2023, H&R REIT reported Scope 2 greenhouse gas (GHG) emissions of 16,112 tCO₂e using the market-based method and 15,965 tCO₂e using the location-based method.a
Has H&R REIT reduced its Scope 2 emissions over time?
Since 2019, H&R REIT's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that H&R REIT's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2022), H&R REIT's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that H&R REIT's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does H&R REIT use for Scope 2 reporting?
In 2023, H&R REIT reported its Scope 2 emissions using the market-based method and using the location-based method.a
H&R REIT's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into H&R REIT's Value Chain Emissions
In 2023, H&R REIT reported 53,064 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 2023 disclosure of H&R REIT includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
H&R REIT's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are H&R REIT's Scope 3 emissions?
In 2023, H&R REIT reported total Scope 3 emissions of 53,064 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 2.71% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.29% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has H&R REIT reduced its Scope 3 emissions over time?
Since 2019, H&R REIT's Scope 3 emissions have decreased by 11.22%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2022), H&R REIT's Scope 3 emissions decreased by 10.9%, highlighting the company's efforts to lower indirect emissions from its value chain.a
What categories of Scope 3 emissions does H&R REIT disclose?
In 2023, H&R REIT reported emissions for 3 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 H&R REIT's Scope 3 emissions?
In 2023, the largest contributors to H&R REIT's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 51,628 tCO₂e (97.29%)
- Waste Generated in Operations (Cat. 5): 894 tCO₂e (1.68%)
- Upstream Transportation and Distribution (Cat. 4): 542 tCO₂e (1.02%)
H&R REIT's Scope 3 Emissions by Categories
Insights into H&R REIT’s GHG Emissions Intensity Compared to Industry Peers
In 2023, H&R REIT reported Scope 1 greenhouse gas (GHG) emissions of 8,964 tCO₂e and total revenues of USD 640 millions. This translates into an emissions intensity of 14.01 tCO₂e per millions USD.a
H&R REIT's Scope 1 Emissions Intensity Compared to Peers
How does H&R REIT's GHG emissions intensity compare to its peers?
In 2023, H&R REIT reported a Scope 1 emissions intensity of 14.01 tCO₂e per millions USD. Compared to the peer group median of 5.77, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does H&R REIT rank on GHG emissions intensity within its industry?
In 2023, H&R REIT ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places H&R REIT among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into H&R REIT's Total Carbon Footprint
In 2023, H&R REIT reported a total carbon footprint of 77,993 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.17% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to H&R REIT's total carbon footprint was Scope 3 emissions, accounting for 68.04% of the company's total carbon footprint, followed by Scope 2 emissions at 20.47%.a