Lxp Industrial Trust
LXP Industrial Trust, commonly referred to as LXP, is a prominent real estate investment trust (REIT) headquartered in the United States. Established in 1993, the company has carved a niche in the industrial sector, focusing on the acquisition and management of single-tenant, operationally essential properties across key markets in the US. LXP's portfolio primarily includes logistics and distribution facilities, which are strategically located to support e-commerce and supply chain operations. The company is recognised for its commitment to sustainability and operational efficiency, setting it apart in a competitive landscape. With a strong market position, LXP Industrial Trust has achieved significant milestones, including a robust growth trajectory and a diversified asset base, making it a leader in the industrial real estate sector.
DitchCarbon Score
How does Lxp Industrial 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
Lxp Industrial Trust's score of 32 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lxp Industrial Trust's reported carbon emissions
In 2023, LXP Industrial Trust reported total carbon emissions of approximately 46,716,880 kg CO2e. This figure includes 204,780 kg CO2e from Scope 1 emissions, 3,861,630 kg CO2e from Scope 2 emissions, and a significant 42,650,460 kg CO2e from Scope 3 emissions. The previous year, 2022, saw total emissions of about 29,010,310 kg CO2e, with Scope 1 at 175,880 kg CO2e, Scope 2 at 4,819,530 kg CO2e, and Scope 3 at 24,014,890 kg CO2e. LXP Industrial Trust has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The emissions data is not cascaded from any parent organisation, indicating that LXP Industrial Trust independently reports its emissions and climate performance. Overall, LXP Industrial Trust's emissions profile highlights a substantial reliance on Scope 3 emissions, which typically encompass indirect emissions from the value chain, underscoring the importance of addressing these areas in future climate strategies.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 175,880 | 000,000 |
| Scope 2 | 4,819,530 | 0,000,000 |
| Scope 3 | 24,014,890 | 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.
Lxp Industrial Trust is not participating in any of the initiatives that 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.
