Ventas, Inc., a leading real estate investment trust (REIT), is headquartered in the United States and primarily operates across the healthcare and senior living sectors. Founded in 2002, the company has established itself as a significant player in the industry, focusing on the acquisition, development, and management of a diverse portfolio of properties, including senior housing, medical office buildings, and skilled nursing facilities. With a commitment to enhancing the quality of life for seniors, Ventas offers unique services that cater to the evolving needs of the healthcare market. The company has achieved notable milestones, including a strong market position as one of the largest healthcare REITs in the country, recognised for its innovative approach and strategic partnerships. Ventas continues to set the standard in the industry, driving growth and delivering value to its stakeholders.
How does Ventas'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.
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.
Ventas's score of 38 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ventas reported total carbon emissions of approximately 132,155,000 kg CO2e for Scope 1, 262,646,000 kg CO2e for Scope 2, and 441,910,000 kg CO2e for Scope 3, resulting in a combined total of about 394,801,000 kg CO2e for Scope 1 and 2 emissions. This data highlights the company's significant carbon footprint across all scopes, particularly in Scope 3 emissions, which are often the largest for real estate firms. Ventas has set ambitious climate commitments, aiming to achieve net zero operational carbon emissions for both Scope 1 and Scope 2 by 2040. Additionally, the company has committed to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. This target aligns with the Science Based Targets initiative (SBTi) and is designed to support global efforts to limit warming to 1.5°C. Furthermore, Ventas is also focused on measuring and reducing its Scope 3 emissions, which encompass indirect emissions from its value chain. The company previously set a target to reduce absolute Scope 1 and Scope 2 emissions by 30% by 2030 from a 2018 baseline, demonstrating a proactive approach to climate action. Overall, Ventas's climate commitments reflect a strong dedication to sustainability and reducing its environmental impact in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 81,260,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 |
Scope 2 | 327,122,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 |
Scope 3 | 382,615,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ventas is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.