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 20 is lower than 73% 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 emissions of approximately 33,029,000 kg CO2e in the US. This figure includes Scope 1 emissions of about 5,817,000 kg CO2e and Scope 2 emissions of approximately 27,212,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2019, Life Storage, Inc. recorded total emissions of around 41,908,000 kg CO2e in the US, with Scope 1 emissions at about 6,764,000 kg CO2e and Scope 2 emissions at approximately 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 specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company is a current subsidiary of Extra Space Storage Inc., which may influence its emissions reporting and climate strategies. Overall, while Life Storage, Inc. has shown a decrease in emissions, further commitments and transparency regarding climate initiatives would enhance its sustainability profile.
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.
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