Arena Reit
Arena REIT, headquartered in Australia, is a prominent player in the real estate investment trust (REIT) sector, specialising in the acquisition and management of healthcare and education properties. Founded in 2010, the company has established a strong presence across key operational regions, focusing on high-quality assets that cater to essential services. With a diverse portfolio that includes aged care facilities, childcare centres, and medical centres, Arena REIT distinguishes itself through its commitment to long-term leases and strategic partnerships. The company has achieved significant milestones, including consistent growth in its asset base and a reputation for reliability in the market. As a leader in the healthcare and education property sectors, Arena REIT continues to deliver value to its investors while supporting vital community services across Australia.
DitchCarbon Score
How does Arena Reit's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Arena Reit's score of 26 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Arena Reit's reported carbon emissions
In 2023, Arena REIT reported total carbon emissions of approximately 1,147,590 kg CO2e, with all emissions classified under Scope 3. Notably, there were no emissions recorded for Scope 1 and Scope 2, which indicates that the organisation does not have direct emissions from owned or controlled sources, nor indirect emissions from the generation of purchased electricity. The previous year, 2022, saw total emissions of about 1,297,200 kg CO2e, with Scope 2 emissions at 5,400 kg CO2e and Scope 3 emissions again dominating the total. Despite the absence of specific reduction targets or commitments, Arena REIT's emissions data reflects a significant focus on managing its Scope 3 emissions, which include categories such as employee commute and purchased goods and services. The organisation has not disclosed any climate pledges or SBTi (Science Based Targets initiative) reduction targets, indicating a potential area for future commitment. Overall, Arena REIT's emissions profile highlights a reliance on indirect emissions, with a clear opportunity to enhance its climate strategy through targeted reduction initiatives and commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 6,200 | 0,000 | - |
| Scope 3 | 1,491,600 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Arena Reit is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
