Public Profile

Essex Property Trust

Essex Property Trust, Inc., commonly referred to as Essex, is a leading real estate investment trust (REIT) headquartered in the United States. Established in 1971, the company primarily operates in the multifamily residential sector, focusing on the acquisition, development, and management of apartment communities across key markets in California and the Pacific Northwest. With a portfolio that includes over 60,000 apartment homes, Essex distinguishes itself through its commitment to sustainability and community engagement. The company has achieved notable milestones, including recognition for its innovative design and operational excellence. As a prominent player in the multifamily housing industry, Essex Property Trust continues to set benchmarks for quality living environments, making it a trusted choice for residents and investors alike.

DitchCarbon Score

How does Essex Property Trust'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.

33

Industry Average

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.

26

Industry Benchmark

Essex Property Trust's score of 33 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

Essex Property Trust's reported carbon emissions

In 2023, Essex Property Trust reported total carbon emissions of approximately 31,871,000 kg CO2e, comprising 31,871,000 kg CO2e from Scope 1 and 11,492,000 kg CO2e from Scope 2 emissions. This reflects a continued commitment to reducing their carbon footprint, with a notable decrease in emissions from previous years. For instance, in 2022, total emissions were about 31,616,000 kg CO2e, indicating a slight reduction. Essex Property Trust has demonstrated a proactive approach to climate commitments, having set near-term reduction targets. While they are not currently committed to a net-zero target, they have made a commitment to reduce emissions in the near term, aligning with industry standards for climate action. The company operates within the real estate sector in the United States and is focused on enhancing sustainability practices across its operations. Overall, Essex Property Trust's emissions data and climate commitments reflect a strategic effort to address climate change and improve environmental performance in the real estate industry.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20162017201820192020202120222023
Scope 1
33,064,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
21,547,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Essex Property Trust's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Essex Property Trust is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Essex Property Trust is committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers