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OrganisationsPHILLIPS EDISON & COMPANY
PHILLIPS EDISON & COMPANY logo

PHILLIPS EDISON & COMPANY

Real Estate ServicesUnited States
Last verified 8 days agophillipsedison.com

Phillips Edison & Company, a prominent player in the retail real estate sector, is headquartered in the United States. Founded in 1991, the company has established itself as a leader in the acquisition, development, and management of grocery-anchored shopping centres across the nation. With a strong presence in key operational regions, Phillips Edison focuses on enhancing community shopping experiences through its diverse portfolio of properties.

The company is renowned for its commitment to sustainability and innovative property management strategies, which set it apart in the competitive retail landscape. Notable achievements include a robust market position, underscored by a significant number of successful acquisitions and developments. Phillips Edison & Company continues to shape the future of retail real estate, providing unique solutions that cater to both tenants and consumers alike.

28
DitchCarbon score

0 vs industry average

PHILLIPS EDISON & COMPANY’s score of 28 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B00.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

PHILLIPS EDISON & COMPANY's reported carbon emissions

In 2024, PHILLIPS EDISON & COMPANY reported total emissions of approximately 39.8 billion kg CO2e, comprising about 3.4 billion kg CO2e from Scope 1 and 2 emissions combined, and approximately 36.4 billion kg CO2e from Scope 3 emissions. In 2023, the company recorded total emissions of about 38 million kg CO2e, with Scope 1 emissions at approximately 9.5 million kg CO2e, Scope 2 emissions at about 28.5 million kg CO2e, and Scope 3 emissions also at approximately 9.5 million kg CO2e. The company has set ambitious climate commitments, including a target to retrofit all shopping centres to LED exterior lighting by 2025, which applies to both Scope 1 and Scope 2 emissions. Additionally, PHILLIPS EDISON aims to implement a waste diversion programme at eligible properties by 2030, targeting a 25% diversion rate, and achieve a 30% reduction in common area water usage by 2030 compared to a 2020 baseline, both of which pertain to Scope 3 emissions. PHILLIPS EDISON's emissions data is not cascaded from any parent organisation, indicating that the reported figures are independently sourced. The company continues to focus on enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.

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PHILLIPS EDISON & COMPANY’s Climate Goals (2030 & 2050)

4 goals

2030

30% reduction in scope 3 total

Achieve a 30% common area water reduction at eligible properties by 2030 compared to baseline year 2020.

Behind target30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Not active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
PHILLIPS EDISON & COMPANY logoPHILLIPS EDISON & COMPANY
USReal Estate Services
8 days ago
28
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USLessors of Nonresidential Buildings (excpet Miniwarehouses)
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Equinix logoEquinix
USComputer Services
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Digital Realty logoDigital Realty
USComputer Manufacturing
6 days ago
62
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Healthpeak Properties logoHealthpeak Properties
USReal Estate Services
10 days ago
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USServices Auxiliary to Financial Intermediation
16 days ago
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Vornado Realty Trust logoVornado Realty Trust
USReal Estate Services
16 days ago
36
View

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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