Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) is a leading player in the Canadian real estate sector, headquartered in Toronto, Ontario. Established in 1997, CAPREIT has grown to become one of the largest residential landlords in Canada, with a diverse portfolio that spans major urban centres across the country. Specialising in the acquisition, development, and management of multi-family residential properties, CAPREIT offers a unique blend of quality living spaces and exceptional tenant services. The company is recognised for its commitment to sustainability and community engagement, setting it apart in a competitive market. With a strong market position and a track record of consistent growth, CAPREIT has achieved notable milestones, including its inclusion in the S&P/TSX Composite Index. This reputation for reliability and excellence makes CAPREIT a preferred choice for both investors and residents alike.
How does Canadian Apartment Properties 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.
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.
Canadian Apartment Properties Reit's score of 27 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) reported total carbon emissions of approximately 121,760,000 kg CO2e. This figure includes about 99,267,000 kg CO2e from Scope 1 emissions and approximately 19,035,000 kg CO2e from Scope 2 emissions. The previous year, 2021, saw total emissions of about 114,479,000 kg CO2e, with Scope 1 emissions at approximately 90,095,000 kg CO2e, Scope 2 at about 18,478,000 kg CO2e, and Scope 3 emissions contributing around 3,035,000 kg CO2e. CAPREIT has not set specific reduction targets or initiatives as part of its climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The company’s emissions data is not cascaded from a parent organization, indicating that all reported figures are directly from CAPREIT. The emissions intensity metrics for 2022 indicate a total GHG emissions intensity of about 3,460 kg CO2e per suite, while Scope 1 GHG emissions intensity was approximately 0.000213 kg CO2e per 1,000 square feet. These metrics reflect CAPREIT's ongoing efforts to monitor and report its carbon footprint, although specific reduction strategies have not been disclosed.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 103,734,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 19,956,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - |
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.
Canadian Apartment Properties 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.