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 23 is lower than 56% 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 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. Notably, Essential Properties does not currently disclose any Scope 1 or Scope 3 emissions data. The company has set ambitious climate commitments, aiming for long-term net-zero emissions by 2050, particularly focusing on Scope 1 emissions. Additionally, they are committed to reducing their absolute Scope 2 emissions by 30% by 2030, relative to a 2019 baseline. These initiatives reflect a proactive approach to sustainability and align with industry standards for climate action. Essential Properties's emissions data is sourced directly from the company, with no cascading from a parent or related organization. The company is actively working towards its climate goals, demonstrating a commitment to reducing its carbon footprint and contributing to a more sustainable future.
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.