Safehold

Safehold, a US-headquartered real estate services company, reported total operational emissions of approximately 475,000 kg CO2e in 2023. This figure includes Scope 2 emissions from purchased electricity, which amounted to 111,000 kg CO2e, and various Scope 3 emissions. Safehold's Scope 3 emissions in 2023 comprised 243,000 kg CO2e from business travel, 70,000 kg CO2e from employee commute, 38,000 kg CO2e from waste generated in operations, 2,000 kg CO2e from upstream transportation and distribution, and 9,000 kg CO2e from downstream transportation and distribution.

Looking back, Safehold's total emissions were higher in previous years, with approximately 615,000 kg CO2e reported in 2022 and about 1,036,000 kg CO2e in 2019. In 2022, Scope 2 emissions were 211,000 kg CO2e, while Scope 3 emissions included 198,000 kg CO2e from business travel, 163,000 kg CO2e from employee commute, 30,000 kg CO2e from waste generated in operations, 2,000 kg CO2e from upstream transportation and distribution, and 11,000 kg CO2e from downstream transportation and distribution. The 2019 data showed Scope 2 emissions of 277,000 kg CO2e and Scope 3 emissions of 396,000 kg CO2e from business travel, 252,000 kg CO2e from employee commute, 25,000 kg CO2e from waste generated in operations, 6,000 kg CO2e from upstream transportation and distribution, and 30,000 kg CO2e from downstream transportation and distribution.

Safehold has not publicly disclosed specific emissions reduction targets or commitments such as Science Based Targets Initiative (SBTi) targets or a Climate Pledge. The company’s reported emissions data covers Scope 2 and select Scope 3 categories, with certain Scope 3 categories like purchased goods and services and capital goods not yet included.