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.
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.
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.
Arena Reit's score of 26 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. Over the past three years, Arena REIT's total emissions have fluctuated, with 2021 reporting approximately 1,491,600 kg CO2e. The organisation has not set specific reduction targets or climate pledges, nor does it appear to have cascaded data from a parent company. Despite the lack of formal reduction initiatives or targets, Arena REIT's emissions data reflects a commitment to transparency in reporting its carbon footprint. The absence of Scope 1 and Scope 2 emissions suggests a potential focus on managing indirect emissions, particularly in the areas of employee commuting and purchased goods and services.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | 6,200 | 0,000 | - |
Scope 3 | 1,491,600 | 0,000,000 | 0,000,000 |
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.