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 35 is higher than 58% 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 2,694,000 kg CO2e, comprising 98,000 kg CO2e from Scope 1, 27,000 kg CO2e from Scope 2, and about 2,594,000 kg CO2e from Scope 3 emissions. The previous year, 2022, saw total emissions of around 1,740,000 kg CO2e, with Scope 1 emissions at 155,000 kg CO2e, Scope 2 at 53,000 kg CO2e, and Scope 3 at approximately 1,563,000 kg CO2e. Lxp Industrial Trust has set ambitious climate commitments, aiming for net-zero carbon emissions by 2040. This commitment includes a target for 100% renewable energy usage by 2025, specifically for Scope 1 and Scope 2 emissions, as part of its broader sustainability strategy. These initiatives are aligned with the parent company's, Amazon, sustainability goals, indicating a strong corporate commitment to reducing carbon footprints across its operations. The emissions data reflects a comprehensive approach to climate accountability, with all relevant scopes disclosed. As Lxp Industrial Trust continues to implement its climate strategies, it remains focused on achieving significant reductions in its carbon emissions in the coming years.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 231,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 128,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 2,177,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
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.
