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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2050 |
Intensity-based Target | Scope 3 - Capital Goods (Cat. 2) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) | Copy restricted. Please purchase to unlock this data. | 2030 |
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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
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
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