Elme Communities
Elme Communities, a prominent player in the real estate services industry, is headquartered in the United States and operates primarily in the Mid-Atlantic region. Founded in 2018, the company has quickly established itself as a leader in the development and management of multifamily residential properties. Elme Communities focuses on creating vibrant living spaces that enhance community engagement, setting itself apart with a commitment to sustainability and innovative design.
With a diverse portfolio that includes luxury apartments and affordable housing options, Elme Communities aims to meet the varying needs of residents while maintaining high standards of quality and service. The company has achieved significant milestones in property acquisitions and developments, positioning itself as a trusted name in the real estate sector. Through its dedication to excellence, Elme Communities continues to shape the future of residential living.
-20 vs industry average
Elme Communities’s score of 8 is lower than 14% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Elme Communities's reported carbon emissions
Elme Communities, a real estate services company headquartered in the US, reported its environmental performance for several years. For 2022, Elme Communities reported a Scope 1 and 2 market-based total of approximately 5.62 million kg CO2e. This comprised approximately 1.96 million kg CO2e for Scope 1 emissions and approximately 3.67 million kg CO2e for Scope 2 market-based emissions. The company also reported a Scope 1 and 2 location-based total of approximately 4.46 million kg CO2e. In 2021, the company's Scope 1 and 2 market-based total emissions were approximately 5.07 million kg CO2e, with Scope 1 emissions at approximately 1.74 million kg CO2e and Scope 2 market-based emissions at approximately 3.33 million kg CO2e. The Scope 1 and 2 location-based total for 2021 was approximately 4.14 million kg CO2e. For 2020, Elme Communities disclosed Scope 1 emissions of approximately 1.51 million kg CO2e and Scope 2 market-based emissions of approximately 3.01 million kg CO2e, resulting in a Scope 1 and 2 market-based total of approximately 4.52 million kg CO2e. The Scope 1 and 2 location-based total for this year was approximately 3.81 million kg CO2e. The company's emissions reporting for 2023 indicated that while intensity data was available, specific absolute emissions for Scope 1, 2, or 3 were not disclosed. Elme Communities has not publicly disclosed specific reduction targets or commitments to initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge. Its disclosed scopes are limited to Scope 1 and Scope 2. Further details on Scope 3 emissions, such as purchased goods and services and capital goods, are not currently disclosed.
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Elme Communities’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Elme Communities yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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