In 2023, Equity LifeStyle Properties 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).
Equity LifeStyle Properties has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 17,700a | N/A | N/A | |
Total Scope 2 | ||||
Market-Based | 30,338a | N/A | N/A | |
Location-Based | 30,338a | N/A | N/A | |
Total Scope 3 | 185,675a | N/A | 154,210b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 12.6044a | N/A | N/A |
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In 2023, the total operational greenhouse gas (GHG) emissions of Equity LifeStyle Properties amounted to 48,038 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 2021, the total operational greenhouse gas (GHG) emissions of Equity LifeStyle Properties increased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2023, the total Scope 1 emissions of Equity LifeStyle Properties were 17,700 metric tons of CO₂ equivalent (tCO₂e).a
In 2023, Equity LifeStyle Properties reported Scope 2 greenhouse gas (GHG) emissions of 30,338 tCO₂e using the market-based method and 30,338 tCO₂e using the location-based method.a
In 2023, Equity LifeStyle Properties reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2023, Equity LifeStyle Properties reported 185,675 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 Equity LifeStyle Properties includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2023, Equity LifeStyle Properties reported total Scope 3 emissions of 185,675 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 59.08% of these emissions originated from upstream activities such as purchased goods and capital goods, while 40.92% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Equity LifeStyle Properties's Scope 3 emissions have increased by 168.98%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2021), Equity LifeStyle Properties's Scope 3 emissions increased by 20.4%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2023, Equity LifeStyle Properties reported emissions for 3 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 Equity LifeStyle Properties's Scope 3 emissions were:a
In 2023, Equity LifeStyle Properties reported Scope 1 greenhouse gas (GHG) emissions of 17,700 tCO₂e and total revenues of USD 1,404 millions. This translates into an emissions intensity of 12.6 tCO₂e per millions USD.a
In 2023, Equity LifeStyle Properties reported a Scope 1 emissions intensity of 12.6 tCO₂e per millions USD. Compared to the peer group median of 6.97, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Equity LifeStyle Properties ranked 18 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Equity LifeStyle Properties is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2023, Equity LifeStyle Properties reported a total carbon footprint of 233,713 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 51.56% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Equity LifeStyle Properties's total carbon footprint was Scope 3 emissions, accounting for 79.45% of the company's total carbon footprint, followed by Scope 2 emissions at 12.98%.a