- Flood risk across portfolio
- Need to align with IFRS Sustainability Disclosure Standards and CSDS
- Managing a vast and multi-tiered supply chain with ESG considerations
RioCan Real Estate Investment Trust
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 85.2K tCO2e (2021) |
| 2020 | 80.0K tCO2e (2020) |
| 2018 | 48.0K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 70% of the GLA of RioCan’s portfolio is now BOMA BEST certified
- Launched a new organic waste program at Head Office and regional office
- Formed a strategic partnership with a non-profit organization to support naturalization projects, including pollinator gardens.
- The Well received LEED Platinum Certification
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute Scope 1 & 2 emissions by 46.2% by 2030 from a 2019 base year.
- Reduce absolute Scope 3 emissions from downstream-leased assets by 28.0% by 2030 from a 2019 base year.
- Reduce Scope 3 emissions from capital goods by 55.0% on an intensity basis by 2030 from a 2019 base year.
🔭 Long-term
- Reduce absolute Scope 1, 2 & 3 GHG emissions by 90.0% by 2050 from a 2019 base year.
- Reach net-zero GHG emissions across the value chain by 2050.
🌱 ESG Focus Areas
GovernanceClimateFinanceEnvironmentPeopleCommunityTenantsSuppliersIndustry