Kimco Realty Corp
Kimco Realty's GHG Emissions Data Preview
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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind Kimco Realty’s Greenhouse Gas (GHG) Emissions Data
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Insights into Kimco Realty's Operational Emissions
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). a
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. a
Kimco Realty's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Kimco Realty's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Kimco Realty were 2,838 metric tons of CO₂ equivalent (tCO₂e). a
Has Kimco Realty reduced its Scope 1 emissions over time?
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. a
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. a
What are Kimco Realty's Scope 2 emissions?
In 2023, Kimco Realty reported Scope 2 greenhouse gas (GHG) emissions of 39,600 tCO₂e using the market-based method and 37,496 tCO₂e using the location-based method. a
Has Kimco Realty reduced its Scope 2 emissions over time?
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. a
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. a
What methodology does Kimco Realty use for Scope 2 reporting?
In 2023, Kimco Realty reported its Scope 2 emissions using the market-based method and using the location-based method. a
Kimco Realty's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Kimco Realty's Value Chain Emissions
In 2023, Kimco Realty reported 230,201 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 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. a
Kimco Realty's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Kimco Realty's Scope 3 emissions?
In 2023, Kimco Realty reported total Scope 3 emissions of 230,201 metric tons of CO₂ equivalent (tCO₂e). a
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. a
Has Kimco Realty reduced its Scope 3 emissions over time?
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. a
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. a
What categories of Scope 3 emissions does Kimco Realty disclose?
In 2023, Kimco Realty 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 Kimco Realty's Scope 3 emissions?
In 2023, the largest contributors to Kimco Realty's Scope 3 emissions were: a
- Waste Generated in Operations (Cat. 5): 137,105 tCO₂e (59.56%)
- Downstream Leased Assets (Cat. 13): 92,907 tCO₂e (40.36%)
- Business Travel (Cat. 6): 189 tCO₂e (0.08%)
Kimco Realty's Scope 3 Emissions by Categories
Insights into Kimco Realty's Total Carbon Footprint
In 2023, Kimco Realty reported a total carbon footprint of 270,535 metric tons of CO₂ equivalent (tCO₂e) 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. a
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%. a