Essex Property Trust

Essex Property Trust reported total Scope 1 emissions of 28,969,000 kg CO2e and Scope 2 emissions of 9,389,000 kg CO2e in 2024. In 2023, their Scope 1 emissions were 31,871,000 kg CO2e and Scope 2 emissions were 11,492,000 kg CO2e. This data originates directly from Essex Property Trust, Inc.

The company has set several climate commitments. Essex Property Trust aims to achieve net-zero Scope 1 and Scope 2 emissions by 2050. They also have a near-term target to reduce Scope 1 and Scope 2 GHG emissions by 35% from a 2018 baseline by 2030.

Validated by the Science Based Targets initiative (SBTi), Essex Property Trust, Inc. commits to reducing Scope 1 and Scope 2 absolute GHG emissions by 67.2% by 2034 from a 2018 base year. Furthermore, they aim to reduce absolute Scope 3 GHG emissions from purchased goods and services, upstream transportation and distribution, waste generated in operations, and downstream leased assets by 35% by 2034 from a 2023 base year. These SBTi targets are consistent with reductions required to limit global warming to 1.5°C.