NNN REIT Inc

Common Name
NNN REIT
Country
United States
Sector
Real Estate
Industry
REIT - Retail
Employees
83
Ticker
NNN
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
NNN REIT Inc. is a real estate investment trust (REIT) specializing in acquiring and managing retail properties. The primary function of NNN REIT is to provide investors with consistent income through...

NNN REIT's GHG Emissions Data Preview

In 2024, NNN 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).

NNN REIT has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Location-Based
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b
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind NNN 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 NNN REIT’s data sources below and access millions more through our Disclosure Search.

a. NNN REIT's Sustainability Report 2025
a. NNN REIT's Sustainability Report 2025
b. NNN REIT's Corporate Responsibility Report (CRR) 2024
b. NNN REIT's Corporate Responsibility Report (CRR) 2024

Insights into NNN REIT's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of NNN REIT amounted to 2,894.05 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 NNN REIT decreased by 70.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

NNN REIT's Scope 1 Emissions Over Time

2023202407001.4 k2.1 k2.8 ktCO2e-96%
  • Total Scope 1
  • Year-over-Year Change

What are NNN REIT's Scope 1 emissions?

In 2024, the total Scope 1 emissions of NNN REIT were 107.7 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), NNN REIT's Scope 1 emissions decreased by 96.02%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are NNN REIT's Scope 2 emissions?

In 2024, NNN REIT reported Scope 2 greenhouse gas (GHG) emissions of 2,786.35 tCO₂e using the location-based method. a

Has NNN REIT reduced its Scope 2 emissions over time?

Compared to the previous year (2023), NNN REIT's Scope 2 emissions (Location-Based) fell by 60.99% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b

What methodology does NNN REIT use for Scope 2 reporting?

In 2024, NNN REIT reported its Scope 2 emissions using the location-based method. a

NNN REIT's Scope 2 Emissions Over Time

2023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 Location-Based

Insights into NNN REIT's Value Chain Emissions

In 2024, NNN REIT reported 240,184.24 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 NNN REIT includes a breakdown across 1 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

NNN REIT's Scope 3 Emissions Over Time

20232024090 k180 k270 k360 ktCO2e-30%
  • Total Scope 3
  • Year-over-Year Change

What are NNN REIT's Scope 3 emissions?

In 2024, NNN REIT reported total Scope 3 emissions of 240,184.24 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), NNN REIT's Scope 3 emissions decreased by 30.22%, highlighting the company's efforts to lower indirect emissions from its value chain. a b

What categories of Scope 3 emissions does NNN REIT disclose?

In 2024, NNN REIT reported emissions for 1 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 NNN REIT's Scope 3 emissions?

In 2024, the largest contributors to NNN REIT's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 240,184.24 tCO₂e (100%)

NNN REIT's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into NNN REIT’s GHG Emissions Intensity Compared to Industry Peers

In 2024, NNN REIT reported Scope 1 greenhouse gas (GHG) emissions of 107.7 tCO₂e and total revenues of USD 869 millions. This translates into an emissions intensity of 0.12 tCO₂e per millions USD. a

NNN REIT's Scope 1 Emissions Intensity Compared to Peers

202005,000100,000Scope 1 Emissions (tCO2e)1002001,0005,00010,000Revenues (Millions of USD)Regency CentersYear: 2024Scope 1: 3,179 tCO2eRevenue: $M 1,454Scope 1 Intensity: 2.19 tCO2e/$MWP CareyYear: 2024Scope 1: 4,800 tCO2eRevenue: $M 1,583Scope 1 Intensity: 3.03 tCO2e/$MEquity LifeStyle PropertiesYear: 2021Scope 1: 17,041 tCO2eRevenue: $M 1,255Scope 1 Intensity: 13.58 tCO2e/$MPhillips Edison & CoYear: 2023Scope 1: 9,500 tCO2eRevenue: $M 610Scope 1 Intensity: 15.57 tCO2e/$MMid-America Apartment CommunitiesYear: 2023Scope 1: 6,070 tCO2eRevenue: $M 2,149Scope 1 Intensity: 2.83 tCO2e/$MCamden Property TrustYear: 2024Scope 1: 14,163 tCO2eRevenue: $M 1,544Scope 1 Intensity: 9.17 tCO2e/$MRealty IncomeYear: 2023Scope 1: 55 tCO2eRevenue: $M 4,074Scope 1 Intensity: 0.01 tCO2e/$MAGNC InvestmentYear: 2023Scope 1: 1 tCO2eRevenue: $M 250Scope 1 Intensity: 0.00 tCO2e/$MKimco RealtyYear: 2024Scope 1: 4,165 tCO2eRevenue: $M 2,037Scope 1 Intensity: 2.04 tCO2e/$MAcadia Realty TrustYear: 2024Scope 1: 1,976 tCO2eRevenue: $M 360Scope 1 Intensity: 5.49 tCO2e/$MAgree RealtyYear: 2023Scope 1: 271 tCO2eRevenue: $M 537Scope 1 Intensity: 0.50 tCO2e/$MSimon Property GroupYear: 2023Scope 1: 22,241 tCO2eRevenue: $M 5,659Scope 1 Intensity: 3.93 tCO2e/$MMacerichYear: 2024Scope 1: 30,779 tCO2eRevenue: $M 918Scope 1 Intensity: 33.52 tCO2e/$MUrban Edge PropertiesYear: 2024Scope 1: 596 tCO2eRevenue: $M 445Scope 1 Intensity: 1.34 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$MEssex Property TrustYear: 2024Scope 1: 28,969 tCO2eRevenue: $M 1,774Scope 1 Intensity: 16.33 tCO2e/$MFederal RealtyYear: 2024Scope 1: 3,186 tCO2eRevenue: $M 1,202Scope 1 Intensity: 2.65 tCO2e/$MRexford Industrial RealtyYear: 2024Scope 1: 21 tCO2eRevenue: $M 938Scope 1 Intensity: 0.02 tCO2e/$MUDRYear: 2023Scope 1: 16,379 tCO2eRevenue: $M 1,628Scope 1 Intensity: 10.06 tCO2e/$MAmerican Homes 4 RentYear: 2024Scope 1: 13,532 tCO2eRevenue: $M 1,729Scope 1 Intensity: 7.83 tCO2e/$MKite Realty Group TrustYear: 2024Scope 1: 2,617 tCO2eRevenue: $M 842Scope 1 Intensity: 3.11 tCO2e/$MTangerYear: 2024Scope 1: 3,572 tCO2eRevenue: $M 526Scope 1 Intensity: 6.79 tCO2e/$MNNN REITYear: 2024Scope 1: 108 tCO2eRevenue: $M 869Scope 1 Intensity: 0.12 tCO2e/$M

How does NNN REIT's GHG emissions intensity compare to its peers?

In 2024, NNN REIT reported a Scope 1 emissions intensity of 0.12 tCO₂e per millions USD. Compared to the peer group median of 3.07 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does NNN REIT rank on GHG emissions intensity within its industry?

In 2024, NNN REIT ranked 4 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places NNN REIT among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into NNN REIT's Total Carbon Footprint

In 2024, NNN REIT reported a total carbon footprint of 243,078.29 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 31.35% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to NNN REIT's total carbon footprint was Scope 3 emissions, accounting for 98.81% of the company's total carbon footprint, followed by Scope 2 emissions at 1.15%. a

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