Industrial Logistics Properties Trust (ILPT) is a prominent real estate investment trust headquartered in the United States, specialising in the acquisition and management of industrial properties. Founded in 2016, ILPT has rapidly established itself in key operational regions across the US, focusing on logistics and distribution facilities that cater to the growing demand for e-commerce and supply chain solutions. The trust's portfolio includes strategically located warehouses and distribution centres, which are designed to enhance operational efficiency for tenants. ILPT's commitment to high-quality assets and its unique approach to property management have positioned it as a leader in the industrial logistics sector. With a strong market presence and a focus on sustainable growth, Industrial Logistics Properties Trust continues to achieve notable milestones in the evolving landscape of industrial real estate.
How does Industrial Logistics Properties Trust'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.
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.
Industrial Logistics Properties Trust's score of 15 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Industrial Logistics Properties Trust (ILPT) reported a greenhouse gas (GHG) emissions intensity of approximately 74.27 kg CO2e per square foot. This figure reflects the company's operational efficiency in terms of emissions relative to its revenue, which was about USD 437.34 million for the year. For the previous year, 2022, ILPT's GHG emissions intensity was higher at approximately 119.48 kg CO2e per square foot, indicating a significant improvement in emissions performance. In 2021, the emissions intensity was about 44.13 kg CO2e per square foot, showcasing a trend of increasing efficiency over the years. ILPT has not disclosed specific Scope 1, 2, or 3 emissions data, nor has it set formal reduction targets or climate pledges. The absence of such commitments suggests that while the company is tracking its emissions intensity, it may not yet be engaging in comprehensive climate initiatives or formal commitments to reduce its carbon footprint. As of now, there are no emissions data cascaded from a parent or related organization, indicating that ILPT's emissions reporting is independent. The company continues to monitor its GHG emissions and may consider future commitments as part of its operational strategy.
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.
Industrial Logistics Properties Trust 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.