SITE Centers Corp.
SITE Centers Corp., headquartered in the United States, is a leading retail real estate investment trust (REIT) specialising in the ownership, operation, and development of open-air shopping centres. Founded in 2017, SITE Centers has quickly established itself in key markets across the US, focusing on enhancing the shopping experience through innovative design and strategic tenant partnerships. The company’s portfolio features a diverse range of retail properties, including grocery-anchored centres and lifestyle destinations, which cater to evolving consumer preferences. SITE Centers is recognised for its commitment to sustainability and community engagement, setting it apart in the competitive retail landscape. With a strong market position and a focus on value creation, SITE Centers continues to achieve notable milestones in the retail real estate sector.
DitchCarbon Score
How does SITE Centers Corp.'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
SITE Centers Corp.'s score of 20 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SITE Centers Corp.'s reported carbon emissions
In 2021, SITE Centers Corp. reported total carbon emissions of approximately 28,989,000 kg CO2e. This figure includes Scope 1 emissions of about 9,772,000 kg CO2e, Scope 2 emissions of around 12,255,000 kg CO2e, and Scope 3 emissions totalling about 5,962,000 kg CO2e. The combined Scope 1 and 2 emissions amounted to approximately 22,027,000 kg CO2e. Comparatively, in 2020, the company recorded total emissions of about 19,693,000 kg CO2e, with Scope 1 emissions at approximately 4,962,000 kg CO2e, Scope 2 at around 7,781,000 kg CO2e, and Scope 3 emissions at about 6,950,000 kg CO2e. This indicates a significant increase in emissions from 2020 to 2021. SITE Centers Corp. has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from SITE Centers Corp. itself. Overall, while SITE Centers Corp. has made strides in transparency regarding its emissions, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.
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| 2017 | 2018 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 24,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 2,000,000 | 0,000,000 | 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.
SITE Centers Corp. 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.
