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.
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.
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.
Lxp Industrial Trust's score of 35 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lxp Industrial Trust reported total carbon emissions of approximately 46,650,240 kg CO2e, comprising 204,780 kg CO2e from Scope 1, 3,861,630 kg CO2e from Scope 2, and 42,650,460 kg CO2e from Scope 3 emissions. This marked an increase in emissions compared to 2022, where total emissions were about 42,000,000 kg CO2e, with 175,880 kg CO2e from Scope 1, 4,819,530 kg CO2e from Scope 2, and 24,014,890 kg CO2e from Scope 3. Lxp Industrial Trust has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they have reported emissions data across all three scopes, indicating a comprehensive approach to tracking their carbon footprint. The company continues to monitor and report its emissions, reflecting an awareness of its environmental impact within the industrial sector.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 175,880 | 000,000 |
Scope 2 | 4,819,530 | 0,000,000 |
Scope 3 | 24,014,890 | 00,000,000 |
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 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.