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 11 is lower than 83% 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 2022, when the company recorded about 21,000,000,000 kg CO2e in Scope 2 emissions. The data indicates that Essential Properties does not currently disclose Scope 1 or Scope 3 emissions. Despite the lack of specific reduction targets or initiatives, the company is committed to addressing its carbon footprint. However, no formal climate pledges or science-based targets (SBTi) have been established. The emissions data is not cascaded from any parent organisation, indicating that these figures are solely from Essential Properties Realty Trust, Inc. As the company continues to grow, it is essential for Essential Properties to develop and implement robust climate strategies to mitigate its environmental impact and align with industry standards for sustainability.
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 | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Essential Properties has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
