Rexford Industrial Realty Sustainability Profile
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 53 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rexford Industrial Realty's reported carbon emissions
In 2023, Rexford Industrial Realty, headquartered in the US, reported total carbon emissions of approximately 157,646,000 kg CO2e. This figure includes 2,455,000 kg CO2e from Scope 1 emissions, 154,805,000 kg CO2e from Scope 2 emissions, and 386,000 kg CO2e from Scope 3 emissions. In comparison, their 2022 emissions in the US were about 165,472,000 kg CO2e, indicating a slight reduction. Rexford has set ambitious climate commitments, aiming to reduce total emissions (Scope 1, 2, and 3) by 99% by 2045, using 2022 as the baseline year. Additionally, they have committed to a 42% reduction in Scope 1 and Scope 2 emissions by 2030. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. Rexford's long-term goal includes achieving net-zero emissions by 2045, reflecting their commitment to sustainable practices within the real estate sector. The company is actively measuring and working to reduce its Scope 3 emissions as part of its comprehensive climate strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 24,880,000 | 00,000 | 000,000 |
| Scope 2 | 36,067,000 | 000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | 000,000,000 |
How Carbon Intensive is Rexford Industrial Realty's Industry?
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Rexford Industrial Realty's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Rexford Industrial Realty has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Rexford Industrial Realty's sustainability data and climate commitments