Public Storage, a leading name in the real estate services industry, is headquartered in the United States and operates extensively across major regions, including California, Texas, and New York. Founded in 1972, the company has established itself as a pioneer in self-storage solutions, offering a diverse range of units to meet various customer needs.
With a focus on convenience and security, Public Storage provides unique features such as climate-controlled units and 24-hour access, setting it apart from competitors. The company has achieved significant milestones, including a robust market presence with thousands of locations nationwide, making it one of the largest self-storage providers in the world. Public Storage continues to innovate within the industry, ensuring that customers have access to reliable and flexible storage options.
+8 vs industry average
Public Storage’s score of 37 is higher than 54% 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.
Public Storage's reported carbon emissions
In 2024, Public Storage reported total global carbon emissions of approximately 139,809,000 kg CO2e. This figure encompasses Scope 1, Scope 2 (market-based), and Scope 3 emissions. Specifically, Scope 1 emissions were approximately 18,310,000 kg CO2e, Scope 2 (market-based) emissions were approximately 85,839,000 kg CO2e, and Scope 3 emissions totalled approximately 35,660,000 kg CO2e.
For 2023, Public Storage reported combined Scope 1 and Scope 2 emissions of approximately 131,262,000 kg CO2e, with Scope 1 at approximately 19,153,000 kg CO2e and Scope 2 (market-based) at approximately 88,992,000 kg CO2e. Scope 3 emissions were not fully disclosed for this year, with specific categories like purchased goods and services and capital goods missing.
In 2022, the company's Scope 1 and Scope 2 emissions were approximately 139,262,000 kg CO2e. Scope 1 emissions were reported as approximately 22,985,000 kg CO2e, and Scope 2 (market-based) as approximately 85,167,000 kg CO2e. Similar to 2023, Scope 3 emissions were not comprehensively disclosed.
Public Storage is pursuing climate goals, including a target to achieve a 45% reduction in utility-based emissions (Scope 1 and Scope 2) calculated on an intensity basis (kgCO2e/ft²) by 2032, using a 2022 baseline. The company also aims for a 12% emissions reduction by the end of 2025 for Scope 1 and Scope 2, relative to a 2022 baseline. Previously, Public Storage reported a 5% reduction in CO2 emissions for Scope 1 and Scope 2 in 2021 compared to 2020. Additionally, there is a long-term target to reduce Scope 1 and Scope 2 emissions by 30% from a 2020 baseline by 2030. The company is also considering science-based targets as part of its pathway towards net zero.
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Public Storage’s Climate Goals (2030 & 2050)
6 goals2025
12% reduction in Scope 1
12% emissions reduction by year-end 2025 (like-for-like vs. 2022 base)
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 6 climate goals
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Public Storage
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