Essex Property Trust
Essex Property Trust, Inc., commonly referred to as Essex, is a leading real estate investment trust (REIT) headquartered in the United States. Established in 1971, the company primarily operates in the multifamily residential sector, focusing on the acquisition, development, and management of apartment communities across key markets in California and the Pacific Northwest. With a portfolio that includes over 60,000 apartment homes, Essex distinguishes itself through its commitment to sustainability and community engagement. The company has achieved notable milestones, including recognition for its innovative design and operational excellence. As a prominent player in the multifamily housing industry, Essex Property Trust continues to set benchmarks for quality living environments, making it a trusted choice for residents and investors alike.
DitchCarbon Score
How does Essex Property 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.
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
Essex Property Trust's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Essex Property Trust's reported carbon emissions
As of 2023, Essex Property Trust reported total carbon emissions of approximately 31,871,000 kg CO2e from Scope 1 and 11,492,000 kg CO2e from Scope 2, amounting to a combined total of about 43,363,000 kg CO2e. Over the years, the company has shown a trend of reducing its emissions, with a notable decrease from 54,610,000 kg CO2e in 2016 to the latest figure in 2023. The breakdown of emissions indicates that Scope 1 emissions, which include direct emissions from owned or controlled sources, accounted for about 73% of the total emissions in 2023. Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling, made up the remaining 27%. Essex Property Trust is committed to reducing its carbon footprint, having established near-term reduction targets, although it has not yet committed to a net-zero target. The company operates within the real estate sector in the United States and continues to explore initiatives aimed at further reducing its environmental impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 33,064,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 21,547,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - |
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.
Essex Property Trust is committed to some reduction initiatives 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.
