RioCan Real Estate Investment Trust

Common Name
RioCan
Country
Canada
Sector
Real Estate
Industry
REIT - Retail
Employees
504
Ticker
REI.UN
Exchange
TORONTO STOCK EXCHANGE
Description
RioCan Real Estate Investment Trust is a prominent Canadian real estate investment trust focused on acquiring, managing, and developing a balanced portfolio of commercial real estate properties. Found...

RioCan's Climate Target Data Preview

As of 2025, RioCan has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into RioCan ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2050
Intensity-based Target
Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2)
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a
2030
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Verified Sources Behind RioCan’s Climate Targets 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 RioCan’s data sources below and access millions more through our Disclosure Search.

a. RioCan's ESG Data Spreadsheet 2025
a. RioCan's ESG Data Spreadsheet 2025

Insights into RioCan's Greenhouse Gas Emissions Pathways

As of 2025, RioCan has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does RioCan have a target to reduce the emissions from its operations?

As of 2025, RioCan has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

RioCan's most ambitious operational target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 9,730 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Instead of reducing operational emissions, RioCan has increased them, with 2024 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a

RioCan's Operational (Scope 1+2) Emissions Pathway

20192024203003 k6 k9 k12 kCurrent (+4%)Target 2030 (-46%)

Does RioCan have a target to reduce its total carbon footprint?

As of 2025, RioCan has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

RioCan's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 141,784 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 90% by 2050. a

As of 2024, RioCan is lagging behind on its total carbon footprint reduction target, having achieved 4.94% of the planned reduction. a

RioCan's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201920242050040 k80 k120 k160 kCurrent (-4%)Target 2050 (-90%)
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