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.
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.
Industry Benchmark
Essex Property Trust's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Essex Property Trust's reported carbon emissions
In 2023, Essex Property Trust reported total carbon emissions of approximately 43,800,000 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 2020, their total emissions were about 48,000,000 kg CO2e, indicating a positive trend in emission reductions. Essex Property Trust has set near-term reduction targets and is actively engaged in climate commitments, although they have not yet committed to a net-zero target. Their emissions data shows a consistent effort to manage and reduce their Scope 1 and Scope 2 emissions, which are primarily associated with direct operations and energy consumption. The company operates within the real estate sector in the United States and is focused on enhancing sustainability practices across its portfolio. As they continue to refine their strategies, Essex Property Trust aims to further decrease their carbon emissions and contribute to broader climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - | 00,000,000 | - | - | - |
Industry emissions intensity
Location emissions 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.
