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OrganisationsEquity Residential
Equity Residential logo

Equity Residential

Real Estate ServicesUnited StatesNYSE: EQR
Last verified 23 days agoequityapartments.com

Equity Residential, a leading name in the real estate services industry, is headquartered in the United States and primarily operates in major urban markets across the country. Founded in 1969, the company has established itself as a prominent player in the multifamily residential sector, focusing on the acquisition, development, and management of high-quality apartment communities.

With a portfolio that spans thousands of units, Equity Residential is renowned for its commitment to providing exceptional living experiences through innovative property management and customer service. The company’s strategic approach to urban living and sustainability sets it apart in a competitive market, earning it recognition as one of the largest publicly traded real estate investment trusts (REITs) in the United States. Through its dedication to quality and community engagement, Equity Residential continues to shape the landscape of modern urban living.

32
DitchCarbon score

+4 vs industry average

Equity Residential’s score of 32 is higher than 50% 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

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2026

000.0M000.0M000.0M00.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Equity Residential's reported carbon emissions

Equity Residential's total greenhouse gas emissions in 2023 were approximately 262.5 million kg CO2e. This figure encompasses Scope 1, 2, and 3 emissions. For Scope 1, the company reported approximately 62.9 million kg CO2e for 2023, and Scope 2 emissions were approximately 46.1 million kg CO2e for the same year. Scope 3 emissions, primarily from downstream leased assets and waste generated in operations, totalled approximately 137.4 million kg CO2e in 2023. Equity Residential has set a science-based target to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 30% by 2030, using a 2018 baseline. This target is aligned with keeping global warming well below 2°C. The company has also committed to reducing GHG emissions from waste generated in operations and downstream leased assets by 30% by 2030 from a 2018 base year. Emissions data for 2022 totalled approximately 280.7 million kg CO2e, and for 2021, approximately 264.4 million kg CO2e. In 2020, total emissions were approximately 262.1 million kg CO2e. Prior to 2020, Scope 3 data was not fully disclosed or available.

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Equity Residential’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Equity Residential yet.

Scope 3 top emissions categories

2 of 15 categories disclosed
Downstream Leased Assets90%
Waste Generated in Operations10%
Downstream Leased Assets90%
Waste Generated in Operations10%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Equity Residential logoEquity Residential
USReal Estate Services
23 days ago
32
Boston Properties logoBoston Properties
USMembership Services
5 days ago
54
View
Healthpeak Properties logoHealthpeak Properties
USReal Estate Services
16 hours ago
44
View
Avalonbay Communities logoAvalonbay Communities
USReal Estate Services
20 days ago
36
View
Vornado Realty Trust logoVornado Realty Trust
USReal Estate Services
24 days ago
36
View
Essex Property Trust logoEssex Property Trust
USReal Estate Services
7 days ago
34
View
Maa logoMaa
USReal Estate Services
7 days ago
31
View

Frequently asked questions

Common questions about Equity Residential’s sustainability data and climate commitments

Equity Residential's total greenhouse gas emissions in 2023 were approximately 262.5 million kg CO₂e. This total includes Scope 1 emissions of about 62.9 million kg CO₂e, Scope 2 emissions of roughly 46.1 million kg CO₂e, and Scope 3 emissions, primarily from downstream leased assets and waste generated in operations, totaling approximately 137.4 million kg CO₂e. This data highlights the company's significant carbon footprint and the need for ongoing emissions reduction efforts.

Data year: 2023

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