Welltower Inc., a leading real estate investment trust (REIT), is headquartered in the United States and primarily operates in the senior housing and healthcare sectors. Founded in 1970, Welltower has established itself as a key player in the industry, focusing on enhancing the quality of life for seniors through innovative housing solutions and healthcare services. With a diverse portfolio that includes senior living communities, post-acute care facilities, and outpatient medical centres, Welltower distinguishes itself through strategic partnerships and a commitment to operational excellence. The company has achieved significant milestones, including its recognition as one of the largest healthcare REITs in the world, reflecting its strong market position and dedication to improving health outcomes for older adults.
How does Welltower'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.
Welltower's score of 24 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Welltower Inc. reported total greenhouse gas emissions of approximately 590,484,000 kg CO2e, comprising 154,852,000 kg CO2e from Scope 1 and 420,986,000 kg CO2e from Scope 2 emissions. The company also recorded Scope 3 emissions of about 266,864,000 kg CO2e, which includes significant contributions from downstream leased assets and waste generated in operations. Welltower has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 28% by 2030, using 2019 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and is classified as consistent with keeping global warming well below 2°C. The company is also committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to its carbon footprint. Overall, Welltower's emissions data and reduction targets underscore its commitment to addressing climate change and enhancing sustainability within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 6,930,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 162,274,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 17,739,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Welltower is committed to some 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.