Cubesmart
CubeSmart, a leading self-storage company headquartered in the United States, has been serving customers since its founding in 2004. With a strong presence across major operational regions, including the East Coast and Midwest, CubeSmart has established itself as a trusted name in the self-storage industry. The company offers a diverse range of storage solutions, including climate-controlled units and vehicle storage, catering to both personal and business needs. What sets CubeSmart apart is its commitment to customer service and innovative technology, ensuring a seamless storage experience. Recognised for its market position, CubeSmart has achieved significant milestones, including a robust portfolio of over 1,200 properties nationwide. With a focus on accessibility and security, CubeSmart continues to redefine the self-storage landscape, making it a preferred choice for customers seeking reliable storage options.
DitchCarbon Score
How does Cubesmart'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 Computer 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
Cubesmart's score of 30 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cubesmart's reported carbon emissions
In 2023, CubeSmart reported total carbon emissions of approximately 73,260,000 kg CO2e, with emissions distributed across Scope 1 and Scope 2. Specifically, Scope 1 emissions accounted for about 7,326,000 kg CO2e, while Scope 2 emissions totalled approximately 25,776,000 kg CO2e. Notably, CubeSmart has not disclosed any Scope 3 emissions data for this year. Looking at previous years, in 2022, CubeSmart's total emissions were around 64,250,000 kg CO2e, with Scope 1 emissions at about 6,425,000 kg CO2e and Scope 2 emissions at approximately 26,451,000 kg CO2e. In 2021, the total emissions were approximately 63,111,000 kg CO2e, with Scope 1 at about 5,835,000 kg CO2e and Scope 2 at around 25,276,000 kg CO2e. The trend indicates a slight increase in emissions over the years, despite the company's growing revenue, which reached approximately 1,054,942,000 USD in 2023. CubeSmart has not set specific reduction targets or disclosed any climate pledges, indicating a potential area for improvement in their sustainability strategy. The company continues to operate within the self-storage industry, which is increasingly scrutinised for its environmental impact, highlighting the importance of robust climate commitments moving forward.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,436,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 23,918,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 27,316,000 | 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.
Cubesmart 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.
