Rexford Industrial Realty

Rexford Industrial Realty's total carbon emissions in 2022 were approximately 119.5 million kg CO2e. This included Scope 1 emissions of 362,000 kg CO2e, Scope 2 emissions of 3.62 million kg CO2e, and Scope 3 emissions of 115.56 million kg CO2e. In 2021, their total emissions were about 67.86 million kg CO2e, with Scope 1 at 39,000 kg CO2e, Scope 2 at 657,000 kg CO2e, and Scope 3 at 67.17 million kg CO2e. For 2020, Rexford Industrial Realty reported total Scope 1 and 2 emissions of approximately 60.95 million kg CO2e, comprising Scope 1 emissions of 24.88 million kg CO2e and Scope 2 emissions of 36.07 million kg CO2e; Scope 3 data was not available for this year.

Rexford Industrial Realty has set ambitious Science Based Targets (SBTi). The company commits to reducing Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, from a 2022 base year. Furthermore, Rexford Industrial Realty aims to achieve net-zero by 2045, which includes a 99% reduction in Scope 1, Scope 2, and Scope 3 emissions by 2045, also from a 2022 base year. They also commit to measuring and reducing their Scope 3 emissions. These targets have been approved under the streamlined validation route for Small and Medium-sized Enterprises (SMEs).