Sl Green Realty Sustainability Profile
SL Green Realty Corp., a leading real estate investment trust (REIT) based in the United States, has established itself as a prominent player in the commercial property sector since its founding in 1980. Headquartered in New York City, the company primarily focuses on acquiring, managing, and leasing office properties in Manhattan, making it a key contributor to the urban landscape. With a diverse portfolio that includes high-profile office buildings and mixed-use developments, SL Green Realty is renowned for its commitment to sustainability and innovative design. The firm has achieved significant milestones, including being the largest owner of commercial real estate in New York City, which underscores its strong market position. By prioritising tenant satisfaction and operational excellence, SL Green continues to set industry standards and drive growth in the competitive real estate market.
DitchCarbon Score
How does Sl Green Realty'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.
Industry Average
Mean score of companies in the Real Estate 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.
Industry Benchmark
Sl Green Realty's score of 52 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sl Green Realty's reported carbon emissions
In 2023, SL Green Realty reported total greenhouse gas emissions of approximately 4,335,000 kg CO2e for Scope 1 and 158,000,000 kg CO2e for Scope 1 and 2 combined in the US. The company also disclosed significant Scope 3 emissions, totalling about 433,971,000 kg CO2e. SL Green Realty is committed to ambitious climate targets, aiming for a 50.4% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2031, using 2019 as the base year. This commitment includes a 30% reduction in Scope 1 and 2 emissions across 8 million square feet, as part of the New York City Mayor’s Carbon Challenge, which spans from 2018 to 2028. Additionally, the company has pledged to reduce Scope 3 emissions from capital goods by 30% within the same timeframe. The firm has also aligned its operations with the Urban Land Institute’s Net Zero by 2050 goal, committing to carbon-neutral operations by 2050 across all scopes. These targets reflect SL Green Realty's proactive approach to addressing climate change and reducing its carbon footprint in the real estate sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 8,813,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 104,486,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | - |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Sl Green Realty's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sl Green Realty has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Sl Green Realty's sustainability data and climate commitments