In 2024, Equity Residential disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Equity Residential disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Energy Consumption | 1,830,690a | 1,840,453a | 1,978,898a | |
Non-Renewable Energy Consumption | 1,791,940a | 1,801,937a | 1,939,943a | |
Renewable Energy Consumption | 38,750a | 38,516a | 38,956a | |
Renewable Energy Production | 38,750a | 38,516a | 38,956a |
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In 2024, Equity Residential consumed a total of 1.83 million Gigajoules of energy across its operations. Of this total, 2.12% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 97.88% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2024, Equity Residential consumed a total of 1.83 million Gigajoules of energy, of which 2.12% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Equity Residential has considerable room to improve its energy sustainability strategy.
Since 2022, Equity Residential's total energy consumption decreased by 7.49%, and remained stable in 2024, suggesting earlier reductions may have leveled off.a
Over the same period, the share of renewable energy in Equity Residential's consumption increased by 7.53%, including a 1.14% increase in 2024, showing consistent progress in clean energy adoption.a
Overall, Equity Residential’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.