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OrganisationsSl Green Realty
Sl Green Realty logo

Sl Green Realty

Real Estate ServicesUnited StatesNYSE: SLG
Last verified 5 months agoslgreen.com

SL Green Realty Corp., a leading real estate investment trust (REIT) based in the United States, has established itself as a prominent player in the commercial property sector since its founding in 1980. Headquartered in New York City, the company primarily focuses on acquiring, managing, and leasing office properties in Manhattan, making it a key contributor to the urban landscape.

With a diverse portfolio that includes high-profile office buildings and mixed-use developments, SL Green Realty is renowned for its commitment to sustainability and innovative design. The firm has achieved significant milestones, including being the largest owner of commercial real estate in New York City, which underscores its strong market position. By prioritising tenant satisfaction and operational excellence, SL Green continues to set industry standards and drive growth in the competitive real estate market.

32
DitchCarbon score

+4 vs industry average

Sl Green Realty’s score of 32 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.208
20192025

The Real Estate Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2026

000.0M000.0M000.0M000.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Sl Green Realty's reported carbon emissions

In 2023, SL Green Realty reported significant carbon emissions, totalling approximately 436,471,000 kg CO2e. This figure includes 4,035,000 kg CO2e from Scope 1 emissions, which consist of 3,035,000 kg CO2e from fugitive emissions and 1,000,000 kg CO2e from stationary combustion. The company also reported 433,971,000 kg CO2e in Scope 3 emissions, primarily from downstream activities. SL Green Realty has set ambitious climate commitments, aiming for a 50.4% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2031, based on a 2019 baseline. Additionally, the company targets a 30% reduction in Scope 3 emissions from capital goods within the same timeframe. These targets have been approved by the Science Based Targets initiative (SBTi) and align with the goal of limiting global warming to 1.5 degrees Celsius. Furthermore, SL Green is participating in the New York City Mayor’s Carbon Challenge, committing to a 30% reduction in Scope 1 and Scope 2 emissions across 8 million square feet over a ten-year period, which began in 2018 and will conclude in 2028. The company also aims for carbon-neutral operations by 2050, in line with the Urban Land Institute’s Net Zero Carbon Operations goal. Overall, SL Green Realty is actively working towards reducing its carbon footprint and enhancing its sustainability practices within the real estate sector.

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Sl Green Realty’s Climate Goals (2030 & 2050)

4 goals

2050

SL Green has also aligned our portfolio with the Urban Land…

SL Green has also aligned our portfolio with the Urban Land Institute’s (ULI) Net Zero by 2050 goal of carbon-neutral building operations.

At risk0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2031 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Sl Green Realty logoSl Green Realty
USReal Estate Services
5 months ago
32
T
Trammell Crow Company
USReal Estate Services
23 days ago
93
View
Kilroy Realty logoKilroy Realty
USReal Estate Services
2 hours ago
60
View
Boston Properties logoBoston Properties
USMembership Services
5 days ago
54
View
Duke Realty Corporation logoDuke Realty Corporation
USReal Estate Services
5 hours ago
52
View
Macerich logoMacerich
USReal Estate Services
23 days ago
44
View
Blackstone logoBlackstone
USServices Auxiliary to Financial Intermediation
16 hours ago
43
View

Frequently asked questions

Common questions about Sl Green Realty’s sustainability data and climate commitments

In 2023, Sl Green Realty reported total carbon emissions of approximately 436 million kg CO₂e. This includes around 4 million kg CO₂e from Scope 1 emissions, primarily from fugitive emissions and stationary combustion, while the vast majority, approximately 434 million kg CO₂e, comes from Scope 3 emissions, mainly from downstream activities. This significant carbon footprint highlights the company's environmental impact and the importance of its sustainability initiatives.

Data year: 2023

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