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OrganisationsEquity Residential
Equity Residential logo

Equity Residential

Real Estate ServicesUnited StatesNYSE: EQR
Last verified 1 month 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.

33
DitchCarbon score

+4 vs industry average

Equity Residential’s score of 33 is higher than 51% 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

0.221
20182025

The Real Estate Services industry has reduced its overall emissions by 17% since 2018

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 carbon emissions for 2023 totalled approximately 262.5 million kg CO2e. This figure includes Scope 1 emissions of about 62.9 million kg CO2e, Scope 2 emissions of approximately 46.1 million kg CO2e, and Scope 3 emissions amounting to roughly 153.5 million kg CO2e (comprising downstream leased assets and waste generated in operations).

In 2022, total emissions were approximately 280.7 million kg CO2e, with Scope 1 at about 68.9 million kg CO2e, Scope 2 at approximately 48.8 million kg CO2e, and Scope 3 at around 163.1 million kg CO2e.

The company 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. Their Scope 1 and 2 targets are also considered consistent with reductions required for a Well-below 2°C scenario. Previously, Equity Residential had a near-term target to reduce greenhouse gas emissions by 25% of 2011 levels by 2021.

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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

See details
Not 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

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Equity Residential logoEquity Residential
USReal Estate Services
1 month ago
33
Prologis logoPrologis
USLessors of Nonresidential Buildings (excpet Miniwarehouses)
15 hours ago
80
View
Digital Realty logoDigital Realty
USComputer Manufacturing
17 hours ago
63
View
Public Storage logoPublic Storage
USReal Estate Services
6 days ago
37
View
Simon logoSimon
USReal Estate Services
7 days ago
29
View
Life Storage, Inc. logoLife Storage, Inc.
USReal Estate Services
6 days ago
13
View
Apartment Investment and Management Company logoApartment Investment and Management Company
USReal Estate Services
6 days ago
10
View

Frequently asked questions

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

Equity Residential's carbon emissions for 2023 are approximately 262.5 million kg CO₂e. This includes roughly 63 million kg from Scope 1, about 46 million kg from Scope 2, and approximately 154 million kg from Scope 3 emissions, which cover downstream leased assets and waste generated in operations. These figures reflect the company's comprehensive emissions reporting for 2023, demonstrating its environmental impact within the US real estate sector. The data indicates a significant carbon footprint, with Scope 3 representing the largest share of emissions, emphasizing the importance of supply chain and operational management in their sustainability efforts.

Data year: 2023

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