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.
-3 vs industry average
Cubesmart’s score of 29 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
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
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)
2 goals2024
10% reduction in Scope 2
We aim for a 10% like-for-like reduction in GHG emissions by 2024 from 2019 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Cubesmart
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