Essential Properties Realty Trust, Inc., commonly referred to as Essential Properties, is a prominent player in the real estate investment trust (REIT) sector, headquartered in the United States. Founded in 2018, the company has quickly established itself as a leader in the acquisition and management of single-tenant, net lease properties across various industries, including retail, healthcare, and service sectors. With a strategic focus on long-term, stable cash flows, Essential Properties offers a unique portfolio of properties that cater to essential businesses. The company’s commitment to high-quality assets and strong tenant relationships has positioned it favourably in the market. Notable achievements include a robust growth trajectory and a diversified portfolio that underscores its reputation as a trusted partner in the net lease space.
How does Essential Properties'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.
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.
Essential Properties's score of 17 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Essential Properties Realty Trust, Inc. reported significant carbon emissions, with a total of approximately 32,000,000,000 kg CO2e attributed to Scope 2 emissions. This marks an increase from the previous year, 2022, when the company recorded about 21,000,000,000 kg CO2e in Scope 2 emissions. Despite the substantial emissions figures, Essential Properties has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. There are no reported commitments to the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of formalised climate action strategies at this time. The emissions data is not cascaded from any parent organisation, and all figures are directly reported by Essential Properties Realty Trust, Inc. As the company continues to operate within the real estate sector, it faces increasing pressure to enhance its sustainability practices and address its carbon emissions effectively.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 21,000,000,000 | 00,000,000,000 |
Scope 3 | - | - |
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.
Essential Properties is not participating in any of the initiatives that 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.