Equity Residential

Equity Residential's most recent reported emissions for 2023 were approximately 262,519,000 kg CO2e. This figure includes Scope 1 emissions of about 62,911,000 kg CO2e, Scope 2 emissions (market-based) of approximately 46,120,000 kg CO2e, and partial Scope 3 emissions. Specifically, Scope 3 emissions reported for 2023 include about 137,391,000 kg CO2e from downstream leased assets and approximately 16,097,000 kg CO2e from waste generated in operations.

For 2022, Equity Residential reported total emissions of approximately 280,709,000 kg CO2e, comprising about 68,855,000 kg CO2e for Scope 1, approximately 48,770,000 kg CO2e for Scope 2, and partial Scope 3 emissions, including about 146,228,000 kg CO2e from downstream leased assets and approximately 16,856,000 kg CO2e from waste generated in operations.

Equity Residential has set several climate commitments. They aim to reduce absolute Scope 1, 2, and 3 GHG emissions across all operations by 30% by 2030, using a 2018 baseline. This is a Science Based Target initiative (SBTi) aligned with a scenario that seeks to keep global warming well below 2°C. Additionally, earlier targets included reducing Scope 1 and Scope 2 greenhouse gas emissions by 25.0% from 2011 levels by 2021. The SBTi target explicitly covers Scope 1, Scope 2, and Scope 3 emissions from waste generated in operations and downstream leased assets.