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 20 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Essential Properties reported carbon emissions of approximately 32,000,000,000 kg CO2e, all of which fall under Scope 2 emissions. This represents an increase from the previous year's emissions of about 21,000,000,000 kg CO2e in 2022. The company's revenue for 2023 was approximately USD 359,595,000, compared to USD 286,506,000 in 2022. Despite the increase in emissions, there are currently no disclosed reduction targets or climate pledges from Essential Properties. The absence of specific initiatives or commitments highlights a potential area for improvement in their climate strategy. As the company continues to operate within the global market, addressing its carbon footprint will be crucial for aligning with industry standards and expectations regarding climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
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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 committed to any 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.