RXR Realty Sustainability Profile
RXR Realty, a prominent real estate investment and development firm, is headquartered in the United States, with a strong presence in major markets such as New York City and Washington, D.C. Founded in 2007, RXR has established itself as a leader in the industry, focusing on mixed-use developments, residential properties, and commercial spaces. The company is renowned for its innovative approach to urban development, integrating sustainability and community engagement into its projects. RXR Realty's commitment to quality and design excellence has garnered numerous accolades, solidifying its position as a key player in the real estate sector. With a diverse portfolio and a strategic vision, RXR continues to shape the urban landscape while delivering exceptional value to its stakeholders.
DitchCarbon Score
How does RXR 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
RXR Realty's score of 44 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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RXR Realty's reported carbon emissions
In 2024, RXR Realty reported total emissions of approximately 75.7 million kg CO2e, comprising 13.9 million kg CO2e from Scope 1 and 61.8 million kg CO2e from Scope 2 (market-based). This reflects a significant reduction of 48% in Scope 1 and Scope 2 market-based emissions compared to the 2019 baseline, aligning with their commitment to achieve carbon neutrality by 2035. The company has set ambitious climate targets, including a long-term goal of net zero emissions across its portfolio by 2050. Notably, RXR Realty surpassed its interim target in 2022, achieving a 60% reduction in portfolio emissions six years ahead of schedule. This was facilitated by the purchase of renewable energy credits and enhanced energy efficiency measures. RXR Realty aims to reduce its energy use intensity (EUI) by 20% by 2028, having already achieved a 33% reduction since 2019. Their ongoing efforts include operational optimisations and tailored energy management strategies across their assets. Overall, RXR Realty's proactive approach to climate commitments and substantial emissions reductions positions them as a leader in sustainability within the real estate sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 10,699,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 134,109,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is RXR Realty's Industry?
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RXR 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.
RXR Realty has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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