- Coastal windstorms
- Flooding
- Extreme heat, drought, wildfire
- Regulations
- Customer demand
Acadia Realty Trust
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Acadia Realty Trust disclosed greenhouse gas emissions of 7.1K MtCO2e (Market-Based). By scope: Scope 1: 1.8K MtCO2e; Scope 2: 5.3K MtCO2e (Market-Based); Scope 3: 115.1K MtCO2e. 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.
GHG Emissions
7.1K MtCO2e (Market-Based)
2023
Renewable Energy
45%
of total energy
Water Usage
52.1M gallons
2023
Energy Use
29.8M kWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.8K MtCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.3K MtCO2e (Market-Based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 115.1K MtCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 7.1K MtCO2e (Market-Based) |
| 2022 | 7.1K MtCO2e (location-based); 5475 MtCO2e (market-based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 29% reduction in Scope 1 & 2 GHG emissions from 2019 baseline by year-end 2023
- 45% of electricity consumed in common areas in 2023 was from renewable sources
- 100% completion of LED lighting and smart control upgrades at eligible assets owned as of 2020
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve and maintain a Scope 1 & 2 GHG emissions reduction of 20% by the end of 2024 (2019 baseline)
📅 Medium-term
- 46% reduction in Scope 1 & 2 GHG emissions by 2030 (from a 2019 baseline)
🌱 ESG Focus Areas
Reduce Scope 1 and 2 GHG emissionsEnergy efficiencyRenewable energyClimate change resiliencyInclusion and belongingPhilanthropic giving and community serviceEmployee satisfaction, engagement, advancement and wellnessStrong governance, ethics and stewardship policiesBoard governance of ESGThird-party assurance of environmental performance data