Elme Communities
Elme Communities, a prominent player in the real estate investment trust (REIT) sector, is headquartered in the vibrant city of Columbia, Maryland. Founded in 2018, the company focuses on the acquisition, development, and management of multifamily residential properties, primarily in the Mid-Atlantic and Southeastern regions of the United States. With a commitment to enhancing community living, Elme Communities offers a diverse portfolio of high-quality apartment homes that stand out for their modern amenities and strategic locations. The company has quickly established itself as a leader in the industry, recognised for its sustainable practices and innovative property management solutions. As it continues to grow, Elme Communities remains dedicated to providing exceptional living experiences while maintaining a strong market presence.
DitchCarbon Score
How does Elme Communities'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
Elme Communities's score of 22 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Elme Communities's reported carbon emissions
In 2022, Elme Communities reported total carbon emissions of approximately 5.62 million tonnes CO2e, comprising about 1.96 million tonnes CO2e from Scope 1 emissions and around 3.67 million tonnes CO2e from Scope 2 emissions (market-based). This marked an increase from 2021, where emissions totalled about 5.07 million tonnes CO2e, with Scope 1 emissions at approximately 1.74 million tonnes CO2e and Scope 2 emissions at about 3.33 million tonnes CO2e (market-based). In 2020, the company recorded total emissions of about 4.52 million tonnes CO2e, with Scope 1 emissions at approximately 1.51 million tonnes CO2e and Scope 2 emissions at around 3.01 million tonnes CO2e (market-based). Despite these figures, Elme Communities has not publicly committed to specific reduction targets or initiatives as part of recognised frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of defined reduction targets suggests a need for further commitment to climate action within the industry context.
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Add to project2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 1,508,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,014,000 | 0,000,000 | 0,000,000 |
| 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.
Elme Communities is not committed to any 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.
