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CubeSmart, a leading self-storage company headquartered in the United States, has been serving customers since its founding in 2004. With a strong presence across major operational regions, including the East Coast and Midwest, CubeSmart has established itself as a trusted name in the self-storage industry.
The company offers a diverse range of storage solutions, including climate-controlled units and vehicle storage, catering to both personal and business needs. What sets CubeSmart apart is its commitment to customer service and innovative technology, ensuring a seamless storage experience.
Recognised for its market position, CubeSmart has achieved significant milestones, including a robust portfolio of over 1,200 properties nationwide. With a focus on accessibility and security, CubeSmart continues to redefine the self-storage landscape, making it a preferred choice for customers seeking reliable storage options.
31
DitchCarbon score
-3 vs industry average
Cubesmart’s score of 31 is lower than 48% 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
Very Low
Business Services is among the least carbon-intensive industries
Industry performance
0.146
20182025
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
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.
Cubesmart's reported carbon emissions
CubeSmart Carbon Emissions and Climate Commitments
CubeSmart, headquartered in the US, has reported Scope 1 and Scope 2 emissions data across several recent years. For 2024, the company reported approximately 5.15 million kg CO2e for Scope 1 emissions and approximately 25.26 million kg CO2e for Scope 2 emissions, totalling approximately 30.41 million kg CO2e for Scope 1 and 2. In 2023, Scope 1 emissions were approximately 7.33 million kg CO2e and Scope 2 emissions were approximately 25.78 million kg CO2e, for a combined total of approximately 33.10 million kg CO2e.
Looking back, Scope 1 emissions in 2022 were approximately 6.43 million kg CO2e, with Scope 2 emissions at approximately 26.45 million kg CO2e, totalling approximately 32.88 million kg CO2e. In 2021, CubeSmart reported Scope 1 emissions of approximately 6.44 million kg CO2e and Scope 2 emissions of approximately 23.92 million kg CO2e, summing to approximately 30.35 million kg CO2e. Emissions data for Scope 3 is not currently available.
CubeSmart has set targets to reduce its environmental impact. The company aims for a 10% like-for-like reduction in greenhouse gas emissions by 2024, using 2019 as a baseline. This target applies to both Scope 1 and Scope 2 emissions and was reported in their 2020 Sustainability Report.
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Cubesmart’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Cubesmart2 months ago
31
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