Public Storage

Public Storage, a US-based real estate services company, reported total carbon emissions of approximately 342.1 million kg CO2e in 2025. This includes about 33.7 million kg CO2e from Scope 1 emissions, approximately 106.9 million kg CO2e from Scope 2 emissions (location-based), and about 200.7 million kg CO2e from Scope 3 emissions.

In 2024, the company's Scope 1 emissions were approximately 32.4 million kg CO2e and Scope 2 emissions (location-based) were around 107.4 million kg CO2e. For 2023, Scope 1 emissions were about 19.2 million kg CO2e and Scope 2 emissions (location-based) were approximately 112.1 million kg CO2e.

Public Storage has set several climate commitments:

• A long-term target to achieve a 45% reduction in utility-based emissions (kgCO2e/ft2) for both Scope 1 and Scope 2 by 2032, using a 2022 baseline. This goal was set in 2024.
• A near-term target to achieve a 12% emissions reduction by the end of 2025 for both Scope 1 and Scope 2 (like-for-like versus a 2022 base year).
• Near-term targets to reduce Scope 1 and Scope 2 emissions by 30% from a 2020 baseline by 2030.
• The company is also working towards a net-zero pathway for Scope 1 and Scope 2, including consideration of science-based targets, with a near-term timeframe between 2023 and 2030.

Previously, Public Storage achieved a 5% reduction in CO2 emissions in 2021 (like-for-like) for both Scope 1 and Scope 2, relative to a 2020 baseline. In 2020, they reported a 2% like-for-like reduction in CO2 emissions for Scope 1 and Scope 2 compared to 2019.