Life Storage, Inc. Sustainability Profile
Life Storage, Inc., a leading provider in the self-storage industry, is headquartered in the United States and operates extensively across major regions, including the East Coast and Midwest. Founded in 1982, the company has achieved significant milestones, including a successful public listing and a robust expansion of its storage facilities. Specialising in self-storage solutions, Life Storage offers a diverse range of services, including climate-controlled units, vehicle storage, and business storage options. What sets Life Storage apart is its commitment to customer service and innovative technology, ensuring a seamless experience for clients. With a strong market position, Life Storage has garnered numerous accolades, solidifying its reputation as a trusted name in the storage sector.
DitchCarbon Score
How does Life Storage, Inc.'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
Life Storage, Inc.'s score of 23 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Life Storage, Inc.'s reported carbon emissions
In 2020, Life Storage, Inc. reported total carbon emissions of approximately 33,029,000 kg CO2e in the US. This figure includes 5,817,000 kg CO2e from Scope 1 emissions and 27,212,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2019, Life Storage, Inc. recorded total emissions of about 41,908,000 kg CO2e in the US, with Scope 1 emissions at 6,764,000 kg CO2e and Scope 2 emissions at 35,145,000 kg CO2e. This indicates a reduction in total emissions from 2019 to 2020. Despite these figures, Life Storage, Inc. has not set any specific reduction targets or initiatives, nor have they committed to any climate pledges. The emissions data is cascaded from their corporate family, with performance sources attributed directly to Life Storage, Inc. and data from Extra Space Storage Inc. influencing their reporting. Overall, while Life Storage, Inc. has shown a decrease in emissions, the absence of formal reduction targets highlights an area for potential improvement in their climate commitments.
How Carbon Intensive is Life Storage, Inc.'s Industry?
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Life Storage, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Life Storage, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
