RioCan Real Estate Investment Trust
RioCan's GHG Emissions Data Preview
In 2023, 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).
RioCan 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into RioCan's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of RioCan amounted to 10,187 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of RioCan decreased by 7.37%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
RioCan's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are RioCan's Scope 1 emissions?
In 2023, the total Scope 1 emissions of RioCan were 7,723 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has RioCan reduced its Scope 1 emissions over time?
Since 2019, RioCan's Scope 1 emissions have increased by 2.6%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), RioCan's Scope 1 emissions decreased by 9.4%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are RioCan's Scope 2 emissions?
In 2023, RioCan reported Scope 2 greenhouse gas (GHG) emissions of 2,458 tCOâ‚‚e using the market-based method, and 2,464 tCOâ‚‚e using the location-based method.
Has RioCan reduced its Scope 2 emissions over time?
Since 2019, RioCan's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that RioCan 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), 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.
What methodology does RioCan use for Scope 2 reporting?
In 2023, RioCan reported its Scope 2 emissions using the market-based method and using the location-based method.
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 2023, RioCan reported 118,898 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of RioCan includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
RioCan's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are RioCan's Scope 3 emissions?
In 2023, RioCan reported total Scope 3 emissions of 118,898 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has RioCan reduced its Scope 3 emissions over time?
Since 2019, RioCan's Scope 3 emissions have remained relatively stable, indicating that RioCan 's emissions have plateaued with no significant change in its value chain footprint.
Compared to the previous year (2022), RioCan's Scope 3 emissions remained relatively stable, indicating that RioCan 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does RioCan disclose?
In 2023, RioCan reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of RioCan's Scope 3 emissions?
In 2023, the largest contributors to RioCan's Scope 3 emissions were:
- Downstream Leased Assets (Cat. 13): 118,898 tCOâ‚‚e (100%)
RioCan's Scope 3 Emissions by Categories
Insights into RioCan's Total Carbon Footprint
In 2023, RioCan reported a total carbon footprint of 129,085 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.61% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to RioCan's total carbon footprint was Scope 3 emissions, accounting for 92.11% of the company's total carbon footprint, followed by Scope 1 emissions at 5.98%.