In 2023, Kimco 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).
Kimco Realty 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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.
In 2023, the total operational greenhouse gas (GHG) emissions of Kimco Realty amounted to 40,334 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 Kimco Realty decreased by 9.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
In 2023, the total Scope 1 emissions of Kimco Realty were 2,838 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2018, Kimco Realty's Scope 1 emissions have increased by 16.17%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Kimco Realty's Scope 1 emissions decreased by 20.19%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
In 2023, Kimco Realty reported Scope 2 greenhouse gas (GHG) emissions of 39,600 tCOâ‚‚e using the market-based method, and 37,496 tCOâ‚‚e using the location-based method.
Since 2018, Kimco Realty's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 22.66%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Kimco Realty's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Kimco Realty 's emissions have plateaued with no significant change in its energy consumption footprint.
In 2023, Kimco Realty reported its Scope 2 emissions using the market-based method and using the location-based method.
In 2023, Kimco Realty reported 230,201 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 Kimco Realty includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
In 2023, Kimco Realty reported total Scope 3 emissions of 230,201 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 59.64% of these emissions originated from upstream activities such as purchased goods and capital goods, while 40.36% came from downstream activities like product use, distribution, and end-of-life treatment.
Since 2018, Kimco Realty's Scope 3 emissions have increased by 13.38%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Kimco Realty's Scope 3 emissions remained relatively stable, indicating that Kimco Realty 's emissions have plateaued with no significant change in its value chain footprint.
In 2023, Kimco Realty 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.
In 2023, the largest contributors to Kimco Realty's Scope 3 emissions were:
In 2023, Kimco Realty reported a total carbon footprint of 270,535 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.06% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Kimco Realty's total carbon footprint was Scope 3 emissions, accounting for 85.09% of the company's total carbon footprint, followed by Scope 2 emissions at 13.86%.