Allied Announces Commitment to Set Science-Based Emissions Reduction Targets and Announces 2024 GRESB Score

TORONTO, Oct. 15, 2024 (GLOBE NEWSWIRE) --  Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has committed to set near- and long-term greenhouse gas (“GHG”) emissions reduction targets, in line with the Science Based Targets initiative (“SBTi”) and a 1.5°C decarbonization pathway. These targets will apply to both the rental and development portfolios. Allied will submit its targets for validation by the SBTi in the first half of 2025 and will disclose them once they have been validated.

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