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 GHG Emissions Data Preview

In 2024, Alexandria Real Estate Equities completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Alexandria Real Estate Equities has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Alexandria Real Estate Equities’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Alexandria Real Estate Equities’s data sources below and access millions more through our Disclosure Search.

a. Alexandria Real Estate Equities's Corporate Responsibility Report (CRR) 2024
a. Alexandria Real Estate Equities's Corporate Responsibility Report (CRR) 2024
b. Alexandria Real Estate Equities's Corporate Responsibility Report (CRR) 2023
b. Alexandria Real Estate Equities's Corporate Responsibility Report (CRR) 2023
c. Alexandria Real Estate Equities's Corporate Responsibility Report (CRR) 2019
c. Alexandria Real Estate Equities's Corporate Responsibility Report (CRR) 2019

Insights into Alexandria Real Estate Equities's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Alexandria Real Estate Equities amounted to 312,699 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Alexandria Real Estate Equities increased by 2.52%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Alexandria Real Estate Equities's Scope 1 Emissions Over Time

2018201920202021202220232024030 k60 k90 k120 ktCO2e-2%+7%+25%+24%-3%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Alexandria Real Estate Equities's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Alexandria Real Estate Equities were 108,507 metric tons of CO₂ equivalent (tCO₂e). a

Has Alexandria Real Estate Equities reduced its Scope 1 emissions over time?

Since 2018, Alexandria Real Estate Equities's Scope 1 emissions have increased by 65.08%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Alexandria Real Estate Equities's Scope 1 emissions increased by 4.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Alexandria Real Estate Equities's Scope 2 emissions?

In 2024, Alexandria Real Estate Equities reported Scope 2 greenhouse gas (GHG) emissions of 116,593 tCO₂e using the market-based method and 204,192 tCO₂e using the location-based method. a

Has Alexandria Real Estate Equities reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Alexandria Real Estate Equities's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Alexandria Real Estate Equities 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Alexandria Real Estate Equities use for Scope 2 reporting?

In 2024, Alexandria Real Estate Equities reported its Scope 2 emissions using the market-based method and using the location-based method. a

Alexandria Real Estate Equities's Scope 2 Emissions Over Time

2018201920202021202220232024055 k110 k165 k220 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Alexandria Real Estate Equities's Value Chain Emissions

In 2024, Alexandria Real Estate Equities reported 82,176 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Alexandria Real Estate Equities includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Alexandria Real Estate Equities's Scope 3 Emissions Over Time

2018201920202021202220232024030 k60 k90 k120 ktCO2e-47%+34%+97%+83%+60%-22%
  • Total Scope 3
  • Year-over-Year Change

What are Alexandria Real Estate Equities's Scope 3 emissions?

In 2024, Alexandria Real Estate Equities reported total Scope 3 emissions of 82,176 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Alexandria Real Estate Equities reduced its Scope 3 emissions over time?

Since 2018, Alexandria Real Estate Equities's Scope 3 emissions have increased by 221.82%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), Alexandria Real Estate Equities's Scope 3 emissions decreased by 22.41%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Alexandria Real Estate Equities disclose?

In 2024, Alexandria Real Estate Equities reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Alexandria Real Estate Equities's Scope 3 emissions?

In 2024, the largest contributors to Alexandria Real Estate Equities's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 82,176 tCO₂e (100%)

Alexandria Real Estate Equities's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into Alexandria Real Estate Equities’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Alexandria Real Estate Equities reported Scope 1 greenhouse gas (GHG) emissions of 108,507 tCO₂e and total revenues of USD 3,050 millions. This translates into an emissions intensity of 35.58 tCO₂e per millions USD. a

Alexandria Real Estate Equities's Scope 1 Emissions Intensity Compared to Peers

102002,00050,0001,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)LDouglas EmmettYear: 2023Scope 1: 6,773 tCO2eRevenue: $M 1,020Scope 1 Intensity: 6.64 tCO2e/$MGaming and Leisure PropertiesYear: 2023Scope 1: 20 tCO2eRevenue: $M 1,444Scope 1 Intensity: 0.01 tCO2e/$MWP CareyYear: 2024Scope 1: 4,800 tCO2eRevenue: $M 1,583Scope 1 Intensity: 3.03 tCO2e/$MBXPYear: 2024Scope 1: 12,637 tCO2eRevenue: $M 3,408Scope 1 Intensity: 3.71 tCO2e/$MFranklin Street PropertiesYear: 2023Scope 1: 1,124 tCO2eRevenue: $M 146Scope 1 Intensity: 7.71 tCO2e/$MHudson Pacific PropertiesYear: 2023Scope 1: 13,272 tCO2eRevenue: $M 952Scope 1 Intensity: 13.94 tCO2e/$MHighwoods PropertiesYear: 2023Scope 1: 1,929 tCO2eRevenue: $M 834Scope 1 Intensity: 2.31 tCO2e/$MCOPT Defense PropertiesYear: 2024Scope 1: 10,504 tCO2eRevenue: $M 753Scope 1 Intensity: 13.94 tCO2e/$MHost Hotels & ResortsYear: 2024Scope 1: 92,608 tCO2eRevenue: $M 5,684Scope 1 Intensity: 16.29 tCO2e/$MRealty IncomeYear: 2023Scope 1: 55 tCO2eRevenue: $M 4,074Scope 1 Intensity: 0.01 tCO2e/$MExtra Space StorageYear: 2024Scope 1: 37,171 tCO2eRevenue: $M 3,257Scope 1 Intensity: 11.41 tCO2e/$MCrown CastleYear: 2024Scope 1: 11,374 tCO2eRevenue: $M 6,568Scope 1 Intensity: 1.73 tCO2e/$MLLLineageYear: 2024Scope 1: 292,065 tCO2eRevenue: $M 5,340Scope 1 Intensity: 54.69 tCO2e/$MPiedmont Realty TrustYear: 2024Scope 1: 829 tCO2eRevenue: $M 570Scope 1 Intensity: 1.45 tCO2e/$MCousins PropertiesYear: 2023Scope 1: 366 tCO2eRevenue: $M 803Scope 1 Intensity: 0.46 tCO2e/$MJBG SMITH PropertiesYear: 2023Scope 1: 9,462 tCO2eRevenue: $M 604Scope 1 Intensity: 15.66 tCO2e/$MVICI PropertiesYear: 2023Scope 1: 524 tCO2eRevenue: $M 3,611Scope 1 Intensity: 0.15 tCO2e/$MKilroy RealtyYear: 2023Scope 1: 4,765 tCO2eRevenue: $M 1,130Scope 1 Intensity: 4.22 tCO2e/$MNewmark GroupYear: 2023Scope 1: 1,104 tCO2eRevenue: $M 2,470Scope 1 Intensity: 0.45 tCO2e/$MEquity ResidentialYear: 2022Scope 1: 68,855 tCO2eRevenue: $M 2,735Scope 1 Intensity: 25.17 tCO2e/$MIron MountainYear: 2024Scope 1: 115,728 tCO2eRevenue: $M 6,150Scope 1 Intensity: 18.82 tCO2e/$MVentasYear: 2024Scope 1: 129,420 tCO2eRevenue: $M 4,924Scope 1 Intensity: 26.28 tCO2e/$MSL Green RealtyYear: 2023Scope 1: 3,991 tCO2eRevenue: $M 914Scope 1 Intensity: 4.37 tCO2e/$MPublic StorageYear: 2024Scope 1: 32,399 tCO2eRevenue: $M 4,696Scope 1 Intensity: 6.90 tCO2e/$MVornado Realty TrustYear: 2024Scope 1: 22,586 tCO2eRevenue: $M 1,788Scope 1 Intensity: 12.63 tCO2e/$MAlexandria Real Estate EquitiesYear: 2024Scope 1: 108,507 tCO2eRevenue: $M 3,050Scope 1 Intensity: 35.58 tCO2e/$M

How does Alexandria Real Estate Equities's GHG emissions intensity compare to its peers?

In 2024, Alexandria Real Estate Equities reported a Scope 1 emissions intensity of 35.58 tCO₂e per millions USD. Compared to the peer group median of 6.64 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Alexandria Real Estate Equities rank on GHG emissions intensity within its industry?

In 2024, Alexandria Real Estate Equities ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Alexandria Real Estate Equities among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Alexandria Real Estate Equities's Total Carbon Footprint

In 2024, Alexandria Real Estate Equities reported a total carbon footprint of 394,875 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.9% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Alexandria Real Estate Equities's total carbon footprint was Scope 2 emissions, accounting for 51.71% of the company's total carbon footprint, followed by Scope 1 emissions at 27.48%. a

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