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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.
-8 vs industry average
Welltower’s score of 21 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
In 2023, Welltower Inc., headquartered in the United States, reported total carbon emissions of approximately 1,012,702,000 kg CO2e. This figure includes Scope 1 emissions of about 154,852,000 kg CO2e, Scope 2 emissions of approximately 420,986,000 kg CO2e (market-based), and Scope 3 emissions of around 266,864,000 kg CO2e.
Welltower has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas 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, although specific reduction targets for these emissions have not been detailed.
Welltower's emissions data is not cascaded from any parent organization, indicating that the reported figures and commitments are solely from Welltower Inc. itself. The company continues to focus on sustainability within the real estate sector, aligning its operations with industry standards for climate action.
2030
28% reduction in Scope 1
Welltower Inc. commits to reduce scope 1 GHG emissions 28% by 2030 from a 2019 base year.
2030
28% reduction in Scope 2
Welltower Inc. commits to reduce scope 2 GHG emissions 28% by 2030 from a 2019 base year.
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Common questions about Welltower’s sustainability data and climate commitments
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