Rexford Industrial Realty
Rexford Industrial Realty, often referred to simply as Rexford, is a prominent player in the industrial real estate sector, headquartered in the United States. Founded in 2001, the company has established a strong presence in key markets across Southern California, focusing on the acquisition, development, and management of industrial properties. Rexford's core offerings include high-quality logistics and distribution facilities, which are strategically located to meet the demands of e-commerce and supply chain operations. The company is recognised for its commitment to sustainability and innovative design, setting it apart in a competitive landscape. With a robust portfolio and a reputation for excellence, Rexford Industrial Realty continues to solidify its position as a leader in the industrial real estate market.
DitchCarbon Score
How does Rexford Industrial Realty'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
Rexford Industrial Realty's score of 51 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Rexford Industrial Realty's reported carbon emissions
In 2023, Rexford Industrial Realty reported total carbon emissions of approximately 157,646,000 kg CO2e, with emissions distributed across various scopes: 761,000 kg CO2e from Scope 1, 154,805,000 kg CO2e from Scope 2, and 157,646,000 kg CO2e from Scope 3. This represents a significant increase from 2022, where total emissions were about 119,542,000 kg CO2e, with Scope 1 and Scope 2 emissions at 386,000 kg CO2e and 161,077,000 kg CO2e, respectively. Rexford Industrial Realty has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Furthermore, the company is committed to achieving net-zero emissions by 2045, with a target to reduce total emissions (Scope 1, 2, and 3) by 99% from the 2022 baseline. These targets have been validated by the Science Based Targets initiative (SBTi) and align with the goal of limiting global warming to 1.5°C. Overall, Rexford Industrial Realty is actively working towards substantial emissions reductions and demonstrates a commitment to sustainability within the real estate sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 39,000 | 000,000 | 000,000 |
| Scope 2 | 657,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 67,166,000 | 000,000,000 | 000,000,000 |
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.
Rexford Industrial Realty is committed to some 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.
