Public Profile

Equity Residential

Equity Residential, a leading player in the real estate investment trust (REIT) sector, is headquartered in the United States. Founded in 1969, the company has established a strong presence in major urban markets across the country, focusing on the acquisition, development, and management of high-quality apartment communities. With a portfolio that spans over 300 properties, Equity Residential is renowned for its commitment to providing exceptional living experiences through innovative design and superior customer service. The company’s strategic emphasis on urban locations positions it favourably within the competitive multifamily housing market. Notable achievements include a consistent ranking among the top REITs in the industry, reflecting its robust operational performance and dedication to sustainability. Equity Residential continues to set the standard for excellence in residential living, making it a trusted choice for renters nationwide.

DitchCarbon Score

How does Equity Residential'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.

61

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.

25

Industry Benchmark

Equity Residential's score of 61 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Equity Residential's reported carbon emissions

In 2023, Equity Residential reported total carbon emissions of approximately 262,519,000 kg CO2e. This figure includes 62,911,000 kg CO2e from Scope 1 emissions, 46,120,000 kg CO2e from Scope 2 emissions, and significant contributions from Scope 3 emissions, particularly from downstream leased assets, which accounted for 137,391,000 kg CO2e. Equity Residential has set ambitious climate commitments, aiming to reduce absolute greenhouse gas emissions across all scopes by 30% by 2030, using 2018 as the baseline year. This target encompasses emissions from waste generated in operations and downstream leased assets, aligning with the Science Based Targets initiative (SBTi) to ensure their goals are consistent with limiting global warming to well below 2°C. The company has demonstrated a commitment to sustainability within the real estate sector, focusing on significant reductions in both operational and indirect emissions. As they work towards these targets, Equity Residential continues to enhance its environmental performance and contribute to broader climate action efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20162017201820192020202120222023
Scope 1
40,830,011,000
00,000,000
00,000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
18,181,293,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
51,897,500,000
-
00,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Equity Residential's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Equity Residential is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Equity Residential is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

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