Tricon Residential
Tricon Residential, a leading residential rental company headquartered in California, has established itself as a prominent player in the real estate industry since its founding in 1988. With a strong presence in major operational regions across the United States and Canada, Tricon focuses on single-family rental homes and multi-family apartments, catering to the growing demand for quality rental housing. The company is renowned for its commitment to providing exceptional living experiences through well-maintained properties and innovative management practices. Tricon Residential's unique approach combines technology with a customer-centric philosophy, ensuring residents enjoy a seamless rental experience. As a trusted name in the market, Tricon has achieved significant milestones, positioning itself as a preferred choice for renters seeking quality homes in desirable locations.
DitchCarbon Score
How does Tricon Residential'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
Tricon Residential's score of 23 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tricon Residential's reported carbon emissions
In 2023, Tricon Residential reported total carbon emissions of approximately 268,600,000 kg CO2e. This figure includes Scope 1 emissions of about 3,491,800 kg CO2e, Scope 2 emissions of approximately 1,880,200 kg CO2e, and a significant contribution from Scope 3 emissions, which total around 263,228,000 kg CO2e. Tricon Residential has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets indicates that the company has not yet established formalised goals for reducing its carbon footprint. As a company headquartered in Canada, Tricon Residential's emissions data is independently reported and not cascaded from a parent organisation. The company is actively engaged in sustainability practices, although specific initiatives or pledges have not been detailed in the available information. Overall, Tricon Residential's emissions profile highlights the importance of addressing Scope 3 emissions, which represent the majority of their carbon footprint, and suggests a need for future commitments to enhance their climate strategy.
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| 2023 | |
|---|---|
| Scope 1 | 3,491,800 |
| Scope 2 | 1,880,200 |
| Scope 3 | 263,228,000 |
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.
Tricon Residential 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.
