Public Profile

Cubesmart

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.

DitchCarbon Score

How does Cubesmart'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.

28

Industry Average

Mean score of companies in the Computer 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.

3

Industry Benchmark

Cubesmart's score of 28 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

Cubesmart's reported carbon emissions

In 2023, CubeSmart reported total carbon emissions of approximately 33,102,000 kg CO2e, comprising 7,326,000 kg CO2e from Scope 1 and 25,776,000 kg CO2e from Scope 2 emissions. This marks a slight increase in emissions compared to 2022, where total emissions were about 32,876,000 kg CO2e, with Scope 1 at 6,425,000 kg CO2e and Scope 2 at 26,451,000 kg CO2e. Over the past few years, CubeSmart's emissions have fluctuated, with total emissions recorded at approximately 31,111,000 kg CO2e in 2021 and 30,354,000 kg CO2e in 2020. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for improvement in its sustainability strategy. CubeSmart's emissions intensity has been reported at about 0.8 kg CO2e per square foot in recent years, reflecting its operational efficiency in relation to its revenue. As the company continues to navigate its environmental impact, further transparency regarding its climate commitments and reduction strategies would be beneficial for stakeholders and the broader industry.

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2020202120222023
Scope 1
6,436,000
0,000,000
0,000,000
0,000,000
Scope 2
23,918,000
00,000,000
00,000,000
00,000,000
Scope 3
27,316,000
00,000,000
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cubesmart's primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Cubesmart is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Cubesmart 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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