Essex Property Trust Inc

Common Name
Essex Property Trust
Country
United States
Sector
Real Estate
Industry
REIT - Residential
Employees
1,712
Ticker
ESS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Essex Property Trust, Inc. is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation, and development of multifamily residential properties predominantly locate...

Essex Property Trust's Climate Target Data Preview

As of 2024, Essex Property Trust has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, 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 Essex Property Trust ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2034
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2034

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Essex Property Trust's Greenhouse Gas Emissions Pathways

As of 2024, Essex Property Trust has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Essex Property Trust have a target to reduce the emissions from its operations?

As of 2024, Essex Property Trust has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Essex Property Trust's most ambitious operational target is to reduce these emissions by 67.2% by 2034, compared to a baseline of 57,229 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2024, Essex Property Trust is ahead of schedule on its operational emissions reduction target, having achieved 49.06% of the planned reduction.

Essex Property Trust's Operational (Scope 1+2) Emissions Pathway

2018202420302034015 k30 k45 k60 kBaselineCurrent (-33%)Target 2034 (-67%)
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