Alexandria Real Estate Equities Inc

Common Name
Alexandria Real Estate Equities
Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
552
Ticker
ARE
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Alexandria Real Estate Equities, Inc. is a real estate investment trust (REIT) that specializes in the ownership, operation, and development of collaborative life science and technology campuses. Thes...

Alexandria Real Estate Equities's Climate Target Data Preview

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 TypeScope of TargetUnitTargetTarget 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)
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a
2030
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Verified Sources Behind Alexandria Real Estate Equities’s Climate Targets Data

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a. Alexandria Real Estate Equities's Corporate Responsibility Report (CRR) 2024
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Insights into Alexandria Real Estate Equities's Greenhouse Gas Emissions Pathways

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

Does Alexandria Real Estate Equities have a target to reduce its total carbon footprint?

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

Alexandria Real Estate Equities's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202220242030000.010.010.01BaselineCurrent (-18%)Target 2030 (-30%)
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