Brixmor
Brixmor Property Group, commonly referred to as Brixmor, is a leading real estate investment trust (REIT) headquartered in the United States. Established in 2013, the company has rapidly positioned itself as a key player in the retail real estate sector, focusing primarily on the acquisition, development, and management of open-air shopping centres across major operational regions in the US. Brixmor's portfolio features a diverse range of retail properties, emphasising convenience and accessibility, which sets it apart in a competitive market. The company has achieved significant milestones, including a robust presence in over 30 states, and is recognised for its commitment to enhancing community engagement through its retail spaces. With a strong market position, Brixmor continues to innovate in the retail landscape, making it a notable name in the industry.
DitchCarbon Score
How does Brixmor'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
Brixmor's score of 30 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Brixmor's reported carbon emissions
In 2022, Brixmor Property Group reported total carbon emissions of approximately 48,505,000 kg CO2e. This figure includes 3,774,000 kg CO2e from Scope 1 emissions, 19,370,000 kg CO2e from Scope 2 emissions, and 25,361,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions amounted to about 23,144,000 kg CO2e. Brixmor has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the baseline year. This target has been approved through a streamlined validation route for small and medium-sized enterprises (SMEs) by the Science Based Targets initiative (SBTi). Additionally, the company is committed to measuring and reducing its Scope 3 emissions, which represent a significant portion of its overall carbon footprint. In 2021, Brixmor's total emissions were slightly lower at approximately 47,963,000 kg CO2e, with Scope 1 emissions at 3,724,000 kg CO2e, Scope 2 emissions at 21,893,000 kg CO2e, and Scope 3 emissions at 22,346,000 kg CO2e. This indicates a slight increase in emissions from 2021 to 2022, highlighting the ongoing challenges in achieving sustainability goals within the real estate sector. Brixmor's commitment to reducing emissions aligns with industry standards for climate action, reflecting a proactive approach to addressing climate change and enhancing operational sustainability.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 3,772,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 22,705,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 22,211,000 | 00,000,000 | 00,000,000 |
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.
Brixmor is participating in some 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.
