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OrganisationsVornado Realty Trust
Vornado Realty Trust logo

Vornado Realty Trust

Real Estate ServicesUnited StatesOTC: VNORP
Last verified 4 months agovno.com

Vornado Realty Trust, commonly referred to as Vornado, is a prominent real estate investment trust (REIT) headquartered in the United States. Established in 1982, Vornado has built a strong presence in major markets, particularly in New York City and Washington, D.C. The company focuses on the acquisition, development, and management of high-quality office and retail properties, distinguishing itself through its innovative approach to urban real estate.

With a diverse portfolio that includes iconic buildings and mixed-use developments, Vornado has achieved significant milestones, including strategic partnerships and successful redevelopment projects. Renowned for its commitment to sustainability and design excellence, Vornado Realty Trust continues to solidify its position as a leader in the real estate industry, consistently delivering value to its investors and tenants alike.

36
DitchCarbon score

+8 vs industry average

Vornado Realty Trust’s score of 36 is higher than 62% 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 – 2028

000.0M000.0M000M00.0M0

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202020212022202320242025202620272028

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.

Vornado Realty Trust's reported carbon emissions

In 2025, Vornado Realty Trust reported total carbon emissions of approximately 183.5 million kg CO2e. This figure includes Scope 1 emissions of about 23.8 million kg CO2e, Scope 2 emissions of approximately 30.7 million kg CO2e (market-based), and Scope 3 emissions from downstream leased assets amounting to about 92.4 million kg CO2e. Vornado has made significant commitments to reduce its carbon footprint. The company has set a target to reduce its Scope 1 and 2 emissions intensity by 64% per square foot by 2030, using 2019 as the baseline year. As of 2023, Vornado has achieved a 66% reduction in its Scope 1 and 2 emissions, totalling 70,154 metric tons CO2e, compared to the 2019 baseline. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Vornado's emissions data is not cascaded from any parent organization, indicating that the reported figures are solely from its own operations.

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Vornado Realty Trust’s Climate Goals (2030 & 2050)

2 goals

2023

66% reduction in Scope 1

As of 2023, our Scope 1 and Scope 2 emissions are 70,154 MTCO2e or have reduced 66% over our 2019 baseline.

Insufficient data66%

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%

See all 2 climate goals

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Scope 3 top emissions categories

1 of 15 categories disclosed
Downstream Leased Assets100%
Downstream Leased Assets100%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

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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

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Vornado Realty Trust logoVornado Realty Trust
USReal Estate Services
4 months ago
36
Kilroy Realty logoKilroy Realty
USReal Estate Services
3 days ago
60
View
Boston Properties logoBoston Properties
USMembership Services
3 days ago
54
View
Duke Realty Corporation logoDuke Realty Corporation
USReal Estate Services
1 hour ago
52
View
Healthpeak Properties logoHealthpeak Properties
USReal Estate Services
4 days ago
44
View
Macerich logoMacerich
USReal Estate Services
27 days ago
44
View
Hudson Pacific Properties logoHudson Pacific Properties
USReal Estate Services
9 days ago
42
View

Frequently asked questions

Common questions about Vornado Realty Trust’s sustainability data and climate commitments

In 2025, Vornado Realty Trust reported total carbon emissions of approximately 183.5 million kg CO₂e. This includes Scope 1 emissions of about 23.8 million kg CO₂e, Scope 2 emissions of approximately 30.7 million kg CO₂e, and Scope 3 emissions from downstream leased assets amounting to about 92.4 million kg CO₂e. This data highlights the company's significant carbon footprint and the need for ongoing emissions reduction efforts.

Data year: 2025

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