Industrial Logistics Properties Trust (ILPT) is a prominent real estate investment trust headquartered in the United States, specialising in the acquisition and management of industrial properties. Founded in 2016, ILPT has rapidly established itself in key operational regions across the US, focusing on logistics and distribution facilities that cater to the growing demand for e-commerce and supply chain solutions. The trust's portfolio includes strategically located warehouses and distribution centres, which are designed to enhance operational efficiency for tenants. ILPT's commitment to high-quality assets and its unique approach to property management have positioned it as a leader in the industrial logistics sector. With a strong market presence and a focus on sustainable growth, Industrial Logistics Properties Trust continues to achieve notable milestones in the evolving landscape of industrial real estate.
How does Industrial Logistics Properties 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.
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.
Industrial Logistics Properties Trust's score of 20 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Industrial Logistics Properties Trust (ILPT) reported a greenhouse gas (GHG) emissions intensity of approximately 74.27 kg CO2e per square foot. This figure reflects the company's commitment to monitoring its carbon footprint, although specific total emissions data for Scope 1, 2, and 3 are not disclosed. In 2022, ILPT's GHG emissions intensity was about 119.48 kg CO2e per square foot, indicating a notable improvement in emissions efficiency year-on-year. The 2021 emissions intensity was approximately 44.13 kg CO2e per square foot, suggesting a significant reduction in emissions over the two-year period. Despite these improvements, ILPT has not established specific reduction targets or climate pledges, which may limit its ability to align with industry standards for climate action. The absence of formal commitments to the Science Based Targets initiative (SBTi) further highlights the need for enhanced climate strategies within the organisation. Overall, while ILPT shows progress in reducing emissions intensity, the lack of comprehensive emissions data and formal reduction targets suggests there is room for further commitment to climate action.
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.
Industrial Logistics Properties Trust 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.