Rexford Industrial Realty

Rexford Industrial Realty's total carbon emissions for 2022 were approximately 119,542 metric tonnes CO2e. This included Scope 1 emissions of 362 metric tonnes CO2e, Scope 2 emissions of 3,624 metric tonnes CO2e, and Scope 3 emissions of 115,556 metric tonnes CO2e. In 2021, the company reported total emissions of around 67,862 metric tonnes CO2e, with Scope 1 at 39 metric tonnes CO2e, Scope 2 at 657 metric tonnes CO2e, and Scope 3 at 67,166 metric tonnes CO2e. For 2020, total emissions were approximately 60,947 metric tonnes CO2e, comprising Scope 1 emissions of 24,880 metric tonnes CO2e and Scope 2 emissions of 36,067 metric tonnes CO2e; Scope 3 data was not available for this year.

Rexford Industrial Realty, Inc. has Science Based Targets initiative (SBTi) approved near-term and long-term targets, as well as a net-zero commitment. The company commits to reducing Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030 from a 2022 base year. Additionally, Rexford Industrial Realty, Inc. is committed to measuring and reducing its Scope 3 emissions. The company also aims to achieve net-zero by 2045, which includes a commitment to reduce Scope 1, 2, and 3 emissions by 99% by 2045 from a 2022 base year. These targets were approved using a streamlined validation route for small and medium-sized enterprises (SMEs).