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Equity Residential
Real Estate ServicesUnited StatesNYSE: EQR
Last verified 3 months 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.
31
DitchCarbon score
+2 vs industry average
Equity Residential’s score of 31 is lower than 48% 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
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 reported total emissions of approximately 262,519,000 kg CO2e in 2023. This includes Scope 1 emissions of about 62,911,000 kg CO2e, Scope 2 (market-based) emissions of approximately 46,120,000 kg CO2e, and Scope 3 emissions, including downstream leased assets at around 137,391,000 kg CO2e and waste generated in operations at about 16,097,000 kg CO2e.
Looking back, their total emissions were approximately 280,709,000 kg CO2e in 2022, and about 264,413,000 kg CO2e in 2021.
Equity Residential has set several climate commitments. They aim to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 25.0% from their 2011 levels by 2021. Additionally, the company has a Science Based Target initiative (SBTi) commitment to reduce absolute Scope 1, Scope 2, and Scope 3 GHG emissions from waste generated in operations and downstream leased assets by 30% by 2030, from a 2018 base year. This target is aligned with a scenario that aims to keep global warming well below 2°C. These targets cover all scopes, with near-term and long-term targets also in place for individual scopes.
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Equity Residential’s Climate Goals (2030 & 2050)
3 goals2030
30% reduction in Scope 1
Equity Residential commits to reduce absolute scope 1, 2, and scope 3 GHG emissions from waste generated in operations and downstream leased…
On track30%
2030
30% reduction in Scope 2
Equity Residential commits to reduce absolute scope 1, 2, and scope 3 GHG emissions from waste generated in operations and downstream leased…
Behind target30%
2030
30% reduction in scope 3 total
Equity Residential commits to reduce absolute scope 1, 2, and scope 3 GHG emissions from waste generated in operations and downstream leased…
Insufficient data30%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Equity Residential3 months ago
31
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Frequently asked questions
Common questions about Equity Residential’s sustainability data and climate commitments
Usage policy
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