Kimco Realty Corp
Kimco Realty's GHG Emissions Data Preview
In 2024, 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/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 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.  a | 0000000 |
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aVerified Sources Behind Kimco 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 Kimco Realty’s data sources below and access millions more through our Disclosure Search.
Insights into Kimco Realty's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Kimco Realty amounted to 41,297 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 Kimco Realty decreased by 4.39%, 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 2024, the total Scope 1 emissions of Kimco Realty were 4,165 metric tons of CO₂ equivalent (tCO₂e).a
Has Kimco Realty reduced its Scope 1 emissions over time?
Since 2019, Kimco Realty's Scope 1 emissions have increased by 34.62%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Kimco Realty's Scope 1 emissions increased by 24.89%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Kimco Realty's Scope 2 emissions?
In 2024, Kimco Realty reported Scope 2 greenhouse gas (GHG) emissions of 39,457 tCO₂e using the market-based method and 37,132 tCO₂e using the location-based method.a
Has Kimco Realty reduced its Scope 2 emissions over time?
Since 2019, Kimco Realty's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 24.06%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), 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 2024, 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 2024, Kimco Realty reported 388,180 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 Kimco Realty includes a breakdown across 3 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
Kimco Realty's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Kimco Realty's Scope 3 emissions?
In 2024, Kimco Realty reported total Scope 3 emissions of 388,180 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 44.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 55.52% 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 2019, Kimco Realty's Scope 3 emissions have increased by 87.43%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Kimco Realty's Scope 3 emissions increased by 31.16%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Kimco Realty disclose?
In 2024, 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 2024, the largest contributors to Kimco Realty's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 215,505 tCO₂e (55.52%)
- Waste Generated in Operations (Cat. 5): 172,493 tCO₂e (44.44%)
- Business Travel (Cat. 6): 182 tCO₂e (0.05%)
Kimco Realty's Scope 3 Emissions by Categories
Insights into Kimco Realty’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Kimco Realty reported Scope 1 greenhouse gas (GHG) emissions of 4,165 tCO₂e and total revenues of USD 2,037 millions. This translates into an emissions intensity of 2.04 tCO₂e per millions USD.a
Kimco Realty's Scope 1 Emissions Intensity Compared to Peers
How does Kimco Realty's GHG emissions intensity compare to its peers?
In 2024, Kimco Realty reported a Scope 1 emissions intensity of 2.04 tCO₂e per millions USD. Compared to the peer group median of 3.98, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Kimco Realty rank on GHG emissions intensity within its industry?
In 2024, Kimco Realty ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Kimco Realty is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Kimco Realty's Total Carbon Footprint
In 2024, Kimco Realty reported a total carbon footprint of 429,477 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.63% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Kimco Realty's total carbon footprint was Scope 3 emissions, accounting for 90.38% of the company's total carbon footprint, followed by Scope 2 emissions at 8.65%.a