In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Alexandria Real Estate Equities amounted to 305,002 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 2022, the total operational greenhouse gas (GHG) emissions of Alexandria Real Estate Equities decreased by 1.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Alexandria Real Estate Equities were 104,025 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Alexandria Real Estate Equities's Scope 1 emissions have increased by 58.27%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2022), Alexandria Real Estate Equities's Scope 1 emissions decreased by 2.57%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, Alexandria Real Estate Equities reported Scope 2 greenhouse gas (GHG) emissions of 141,867 tCO₂e using the market-based method and 200,977 tCO₂e using the location-based method. a
Compared to the previous year (2022), 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
In 2023, Alexandria Real Estate Equities reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, Alexandria Real Estate Equities reported 99,222 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 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2023, Alexandria Real Estate Equities reported total Scope 3 emissions of 99,222 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
Since 2018, Alexandria Real Estate Equities's Scope 3 emissions have increased by 288.57%, reflecting a rising long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2022), Alexandria Real Estate Equities's Scope 3 emissions increased by 49.54%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2023, 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.
In 2023, the largest contributors to Alexandria Real Estate Equities's Scope 3 emissions were: a
In 2023, Alexandria Real Estate Equities reported a total carbon footprint of 404,224 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.37% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Alexandria Real Estate Equities's total carbon footprint was Scope 2 emissions, accounting for 49.72% of the company's total carbon footprint, followed by Scope 1 emissions at 25.73%. a