W. P. Carey Inc., a prominent player in the real estate investment trust (REIT) sector, is headquartered in the United States. Founded in 1973, the company has established itself as a leader in net lease investments, focusing on acquiring and managing commercial properties across various sectors, including industrial, office, and retail. With a diverse portfolio spanning North America and Europe, W. P. Carey is known for its unique approach to long-term, sale-leaseback transactions, providing capital solutions to businesses while ensuring stable returns for investors. The firm has achieved significant milestones, including its public listing in 1998 and consistent dividend payments, reflecting its strong market position. W. P. Carey’s commitment to sustainability and responsible investing further distinguishes it in the competitive landscape, making it a trusted choice for investors seeking reliable income streams in the real estate market.
How does W. P. Carey'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.
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.
W. P. Carey's score of 28 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, W. P. Carey reported total carbon emissions of approximately 17,815,000 kg CO2e, which includes about 5,101,000 kg CO2e from Scope 1 and approximately 12,714,000 kg CO2e from Scope 2 emissions. This represents a slight increase in emissions compared to 2022, where total emissions were about 13,816,000 kg CO2e, with Scope 1 emissions at approximately 3,875,000 kg CO2e and Scope 2 emissions at around 11,432,000 kg CO2e. W. P. Carey has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they continue to monitor and report their emissions, indicating a commitment to transparency in their environmental impact. The company’s GHG intensity for Scope 1 and 2 is reported at approximately 17.22 kg CO2e per square foot, reflecting their operational efficiency in relation to emissions. As a global leader in real estate investment, W. P. Carey is positioned within an industry increasingly focused on sustainability and climate action, although specific reduction strategies or science-based targets have not been outlined in their current disclosures.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 3,875,000 | 0,000,000 |
Scope 2 | 11,412,000 | 00,000,000 |
Scope 3 | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
W. P. Carey is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.