Extra Space Storage, a leading name in the real estate services industry, is headquartered in the United States and operates extensively across major regions, including the East and West Coasts. Founded in 1977, the company has established itself as a trusted provider of self-storage solutions, catering to both residential and commercial clients.
With a diverse range of core services, including climate-controlled units and vehicle storage, Extra Space Storage stands out for its commitment to security and customer service. The company has achieved significant milestones, including being listed on the New York Stock Exchange, which underscores its strong market position. Recognised for its innovative approach and extensive network of facilities, Extra Space Storage continues to redefine the self-storage experience, making it a preferred choice for customers nationwide.
-13 vs industry average
Extra Space Storage’s score of 16 is lower than 32% 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
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Extra Space Storage's reported carbon emissions
Extra Space Storage, a real estate services company based in the US, reported a total of approximately 2.63 billion kg CO2e emissions for the 2024 reporting year. This figure represents the sum of Scope 1, 2, and 3 emissions.
For Scope 1 emissions, the company reported approximately 37.17 million kg CO2e for 2024. Scope 1 and 2 emissions combined were approximately 215.95 million kg CO2e in the same year.
Looking at previous years, total emissions were approximately 2.10 billion kg CO2e in 2023, with Scope 1 emissions at about 28.36 million kg CO2e. In 2022, total emissions were approximately 1.41 billion kg CO2e and Scope 1 emissions were about 22.72 million kg CO2e. In 2021, total emissions were around 1.34 billion kg CO2e, and Scope 1 emissions were approximately 21.95 million kg CO2e. Prior to that, total emissions in 2020 were about 1.32 billion kg CO2e with Scope 1 emissions at approximately 19.69 million kg CO2e. In 2019, total emissions were approximately 1.26 billion kg CO2e and Scope 1 emissions were about 21.68 million kg CO2e. For 2018, total emissions were approximately 1.13 billion kg CO2e with Scope 1 emissions at around 19.21 million kg CO2e.
Extra Space Storage has established several climate commitments. They aim for a 3% reduction in like-for-like Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 2024, using 2019 as a baseline. Additionally, the company has a target to reduce its energy consumption intensity in its like-for-like pool by 20% by 2025, with 2018 as the baseline year. More recently, there is a commitment to achieve a 26% reduction in like-for-like GHG emissions intensity by 2025, also using 2019 as a baseline. The company's emissions data is not cascaded from a parent organisation.
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Extra Space Storage’s Climate Goals (2030 & 2050)
4 goals2024
3% reduction in Scope 1
3% reduction in like-for-like GhG Emissions by 2024 using 2019 as a 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 4 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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