As of 2024, Alexandria Real Estate Equities has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Alexandria Real Estate Equities's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) | -30%a | 2030 |
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As of 2024, Alexandria Real Estate Equities has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories.a
As of 2024, Alexandria Real Estate Equities has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Alexandria Real Estate Equities's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0.01 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2022, by 30% by 2030.a
As of 2024, Alexandria Real Estate Equities is ahead of schedule on its total carbon footprint reduction target, having achieved 61.5% of the planned reduction.a