Equity Residential
Equity Residential's GHG Emissions Data Preview
In 2024, Equity Residential 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 Residential has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature. a | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature.  | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind Equity Residential’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 Equity Residential’s data sources below and access millions more through our Disclosure Search.
Insights into Equity Residential's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Equity Residential amounted to 107,773 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 Equity Residential decreased by 1.15%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Equity Residential's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Equity Residential's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Equity Residential were 62,145 metric tons of CO₂ equivalent (tCO₂e).a
Has Equity Residential reduced its Scope 1 emissions over time?
Since 2019, Equity Residential's Scope 1 emissions have decreased by 23.36%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Equity Residential's Scope 1 emissions decreased by 1.22%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Equity Residential's Scope 2 emissions?
In 2024, Equity Residential reported Scope 2 greenhouse gas (GHG) emissions of 44,804 tCO₂e using the market-based method and 45,628 tCO₂e using the location-based method.a
Has Equity Residential reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Equity Residential's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Equity Residential's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Equity Residential use for Scope 2 reporting?
In 2024, Equity Residential reported its Scope 2 emissions using the market-based method and using the location-based method.a
Equity Residential's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Equity Residential's Value Chain Emissions
In 2024, Equity Residential reported 181,988 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 Equity Residential includes a breakdown across 2 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
Equity Residential's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Equity Residential's Scope 3 emissions?
In 2024, Equity Residential reported total Scope 3 emissions of 181,988 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 20.84% of these emissions originated from upstream activities such as purchased goods and capital goods, while 79.16% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Equity Residential's Scope 3 emissions remained relatively stable, indicating that Equity Residential's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Equity Residential disclose?
In 2024, Equity Residential reported emissions for 2 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 Equity Residential's Scope 3 emissions?
In 2024, the largest contributors to Equity Residential's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 144,063 tCO₂e (79.16%)
- Waste Generated in Operations (Cat. 5): 37,925 tCO₂e (20.84%)
Equity Residential's Scope 3 Emissions by Categories
Insights into Equity Residential’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Equity Residential reported Scope 1 greenhouse gas (GHG) emissions of 62,145 tCO₂e and total revenues of USD 2,980 millions. This translates into an emissions intensity of 20.85 tCO₂e per millions USD.a
Equity Residential's Scope 1 Emissions Intensity Compared to Peers
How does Equity Residential's GHG emissions intensity compare to its peers?
In 2024, Equity Residential reported a Scope 1 emissions intensity of 20.85 tCO₂e per millions USD. Compared to the peer group median of 7.83, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Equity Residential rank on GHG emissions intensity within its industry?
In 2024, Equity Residential ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Equity Residential is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Equity Residential's Total Carbon Footprint
In 2024, Equity Residential reported a total carbon footprint of 289,761 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.54% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Equity Residential's total carbon footprint was Scope 3 emissions, accounting for 62.81% of the company's total carbon footprint, followed by Scope 1 emissions at 21.45%.a