Kimco Realty Corporation

Kimco Realty Corporation reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 50 Kt (+1.9/+3.9% y-o-y).

Kimco Realty Corporation's Scope 3 emissions soared to 76 Kt (+3.4/+4.7% y-o-y). The growth accelerated compared to the long-term upward trend (CAGR of +2% since 4Q'18).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Kimco Realty Corporation also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://sciencebasedtargets.org/faqs-for-smes/ Kimco Realty Corporation commits to reduce absolute scope 1 and scope 2 GHG emissions 30% by 2030 from a 2018 base year, and to measure and reduce its scope 3 emissions.