RXR Realty

RXR Realty, a US-based real estate services firm, has made significant strides in reducing its carbon footprint. In 2024, the company reported Scope 1 and Scope 2 market-based emissions totalling approximately 75.7 million kg CO2e. This represents a substantial reduction of about 48% compared to their 2019 baseline, aligning with their commitment to achieve carbon neutrality by 2035.

Looking back, RXR Realty's Scope 1 and 2 market-based emissions were approximately 81.5 million kg CO2e in 2023, and approximately 62.4 million kg CO2e in 2022. Prior to that, in 2021, emissions stood at about 79.7 million kg CO2e, and in 2020, they were approximately 132.4 million kg CO2e. The company also reported market-based emissions of approximately 144.8 million kg CO2e in 2019.

RXR Realty has set ambitious climate goals, including a commitment to achieving net zero emissions across its portfolio by 2050. They have also reported surpassing interim targets, achieving carbon neutrality six years ahead of schedule in 2022, with a 60% reduction in portfolio emissions and a 20% reduction in Energy Use Intensity (EUI). Further progress in 2024 saw a 6% reduction in source EUI over 2023, and a 33% reduction against their 2019 baseline, driven by operational optimisations and energy management initiatives. The company aims to reduce source EUI by 20% by 2028, a goal they continue to exceed.

It's important to note that RXR Realty's reported emissions currently encompass Scope 1 and Scope 2, with Scope 3 emissions data, including purchased goods and services and capital goods, not yet disclosed.