RioCan Real Estate Investment Trust
RioCan's GHG Emissions Data Preview
In 2024, RioCan 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).
However, RioCan has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| 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 |
Verified Sources Behind RioCan’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 RioCan’s data sources below and access millions more through our Disclosure Search.
Insights into RioCan's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of RioCan amounted to 10,113 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 RioCan decreased by 4.56%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
RioCan's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are RioCan's Scope 1 emissions?
In 2024, the total Scope 1 emissions of RioCan were 7,128 metric tons of CO₂ equivalent (tCO₂e).a
Has RioCan reduced its Scope 1 emissions over time?
Since 2019, RioCan's Scope 1 emissions have decreased by 4%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), RioCan's Scope 1 emissions decreased by 6.95%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are RioCan's Scope 2 emissions?
In 2024, RioCan reported Scope 2 greenhouse gas (GHG) emissions of 2,972 tCO₂e using the market-based method and 2,985 tCO₂e using the location-based method.a
Has RioCan reduced its Scope 2 emissions over time?
Since 2019, RioCan's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 29.16%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), RioCan's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that RioCan's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does RioCan use for Scope 2 reporting?
In 2024, RioCan reported its Scope 2 emissions using the market-based method and using the location-based method.a
RioCan's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into RioCan's Value Chain Emissions
In 2024, RioCan reported 125,376 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 RioCan includes a breakdown across 0 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
RioCan's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are RioCan's Scope 3 emissions?
In 2024, RioCan reported total Scope 3 emissions of 125,376 metric tons of CO₂ equivalent (tCO₂e).a
Has RioCan reduced its Scope 3 emissions over time?
Since 2019, RioCan's Scope 3 emissionshave remained relatively stable, indicating that RioCan's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), RioCan's Scope 3 emissions remained relatively stable, indicating that RioCan's emissions have plateaued with no significant change in its value chain footprint.a
Insights into RioCan’s GHG Emissions Intensity Compared to Industry Peers
In 2024, RioCan reported Scope 1 greenhouse gas (GHG) emissions of 7,128 tCO₂e and total revenues of USD 862 millions. This translates into an emissions intensity of 8.27 tCO₂e per millions USD.a
RioCan's Scope 1 Emissions Intensity Compared to Peers
How does RioCan's GHG emissions intensity compare to its peers?
In 2024, RioCan reported a Scope 1 emissions intensity of 8.27 tCO₂e per millions USD. Compared to the peer group median of 3.11, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does RioCan rank on GHG emissions intensity within its industry?
In 2024, RioCan ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places RioCan among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into RioCan's Total Carbon Footprint
In 2024, RioCan reported a total carbon footprint of 135,489 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.48% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to RioCan's total carbon footprint was Scope 3 emissions, accounting for 92.54% of the company's total carbon footprint, followed by Scope 1 emissions at 5.26%.a