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Vornado Realty Trust, commonly referred to as Vornado, is a prominent real estate investment trust (REIT) headquartered in the United States. Established in 1982, Vornado has built a strong presence in major markets, particularly in New York City and Washington, D.C. The company focuses on the acquisition, development, and management of high-quality office and retail properties, distinguishing itself through its innovative approach to urban real estate.
With a diverse portfolio that includes iconic buildings and mixed-use developments, Vornado has achieved significant milestones, including strategic partnerships and successful redevelopment projects. Renowned for its commitment to sustainability and design excellence, Vornado Realty Trust continues to solidify its position as a leader in the real estate industry, consistently delivering value to its investors and tenants alike.
+6 vs industry average
Vornado Realty Trust’s score of 35 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Real Estate Services has above-average carbon intensity
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
In 2025, Vornado Realty Trust reported total carbon emissions of approximately 183.5 million kg CO2e. This figure includes Scope 1 emissions of about 23.8 million kg CO2e, Scope 2 emissions of approximately 30.7 million kg CO2e (market-based), and Scope 3 emissions from downstream leased assets amounting to about 92.4 million kg CO2e.
Vornado has made significant commitments to reduce its carbon footprint. The company has set a target to reduce its Scope 1 and 2 emissions intensity by 64% per square foot by 2030, using 2019 as the baseline year. As of 2023, Vornado has achieved a 66% reduction in its Scope 1 and 2 emissions, totalling 70,154 metric tons CO2e, compared to the 2019 baseline.
These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Vornado's emissions data is not cascaded from any parent organization, indicating that the reported figures are solely from its own operations.
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2030
64% reduction in Scope 1
Vornado Realty Trust commits to reduce scope 1 GHG emissions 64% per square foot by 2030 from a 2019 base year.
2030
64% reduction in Scope 2
Vornado Realty Trust commits to reduce scope 2 GHG emissions 64% per square foot by 2030 from a 2019 base year.
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