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Veris Residential

Sustainability Report and Carbon Intensity Rankings

Is Veris Residential doing their part?

Their DitchCarbon score is 72

Veris Residential has a DitchCarbon Score of 72, indicating a relatively high level of sustainability in their operations. This score reflects a lower carbon intensity compared to many other companies, suggesting that Veris Residential is effectively managing and reducing its emissions. A score of 72 signifies that the company is making significant efforts towards environmental sustainability and reducing its carbon footprint.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Veris Residential is part of the real estate sector, which has a carbon intensity ranking of very low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Veris Residential, located in the United States, operates in a region with a low carbon intensity rating. This suggests that the company’s sustainability efforts are positively influenced by the country’s overall lower environmental impact.
17.81%

...this company is doing 17.81% better in emissions than the industry average.

Veris Residential, based in the United States, operates within the real estate sector and was established with a focus on developing, owning, and managing premier multifamily properties. Founded with a commitment to sustainability, the company strives to create living spaces that empower and inspire residents. Veris Residential’s portfolio showcases a dedication to curating environmentally conscious communities that contribute to a healthier planet.

emission intelligence's platform recommendations for Veris Residential

Veris Residential should enhance their energy efficiency by adopting comprehensive measures across their operations, which could potentially reduce their emissions by 25%.

Good news, Veris Residential has embraced SBTi commitments

Veris Residential has established Science Based Targets initiative (SBTi) commitments to significantly reduce their greenhouse gas emissions from company operations, which include both direct emissions and indirect emissions from purchased energy. These targets align with the ambitious goal of limiting global temperature rise to 1.5°C above pre-industrial levels.
Participating

The Ultimate Guide to Building Sustainability Into Procurement​

1. Reputation and Brand Image

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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