Equity Residential
Equity Residential's Climate Target Data Preview
As of 2024, Equity Residential has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 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 Equity Residential's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) | 0000000 | 2030 |
Verified Sources Behind Equity Residential’s Climate Targets Data
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Insights into Equity Residential's Greenhouse Gas Emissions Pathways
As of 2024, Equity Residential has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
Does Equity Residential have a target to reduce the emissions from its operations?
As of 2024, Equity Residential has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Equity Residential's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 0.002 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2018.a
As of 2023, Equity Residential is ahead of schedule on its operational emissions reduction target, having achieved 59.67% of the planned reduction.a
Equity Residential's Operational (Scope 1+2) Emissions Pathway
Does Equity Residential have a target to reduce its total carbon footprint?
As of 2024, Equity Residential has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Equity Residential's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 292,221 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018, by 30% by 2030.a
As of 2023, Equity Residential is lagging behind on its total carbon footprint reduction target, having achieved 33.87% of the planned reduction.a