Public Storage, a leading name in the real estate services industry, is headquartered in the United States and operates extensively across major regions, including California, Texas, and New York. Founded in 1972, the company has established itself as a pioneer in self-storage solutions, offering a diverse range of units to meet various customer needs.
With a focus on convenience and security, Public Storage provides unique features such as climate-controlled units and 24-hour access, setting it apart from competitors. The company has achieved significant milestones, including a robust market presence with thousands of locations nationwide, making it one of the largest self-storage providers in the world. Public Storage continues to innovate within the industry, ensuring that customers have access to reliable and flexible storage options.
+8 vs industry average
Public Storage’s score of 36 is higher than 53% 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
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Public Storage's reported carbon emissions
Public Storage's latest disclosed emissions data is for the reporting year 2024, with a total of approximately 203 billion kg CO2e across Scope 1, 2, and 3. In 2024, Scope 1 emissions were about 18.3 million kg CO2e, Scope 2 emissions were approximately 107.4 million kg CO2e, and Scope 3 emissions totalled around 82.5 million kg CO2e. For Scope 1 emissions, Public Storage reported approximately 19.2 million kg CO2e in 2023, and 23.0 million kg CO2e in 2022. Scope 2 emissions for these years were about 112.1 million kg CO2e in 2023 and 116.3 million kg CO2e in 2022. Public Storage has established several climate commitments. Notably, they aim for a 12% reduction in Scope 1 and Scope 2 emissions by the end of 2025, using 2022 as a baseline. Looking further ahead, Public Storage has a long-term target to achieve a 45% reduction in utility-based emissions, calculated on an intensity basis (kgCO2e/sq. ft.), by 2032, also based on a 2022 baseline. They also have a goal to reduce their Scope 1 and Scope 2 emissions by 30% from a 2020 baseline by 2030. Public Storage is also working towards a net-zero pathway and is considering science-based targets.
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Public Storage’s Climate Goals (2030 & 2050)
6 goals2025
12% reduction in Scope 1
12% emissions reduction by year-end 2025 (like-for-like vs. 2022 base)
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 6 climate goals
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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