As of 2025, Essex Property Trust has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -67%a | 2034 |
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) | -35%a | 2034 |
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As of 2025, 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.a
As of 2025, Essex Property Trust has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Essex Property Trust's most ambitious operational target is to reduce these emissions by 67.2% by 2034, compared to a baseline of 61,345 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.a
As of 2025, Essex Property Trust is lagging behind on its operational emissions reduction target, having achieved 37.19% of the planned reduction.a
As of 2025, Essex Property Trust has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Essex Property Trust's most ambitious value chain target is to reduce these emissions by 35% by 2034, compared to a baseline of 215,739 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
As of 2025, Essex Property Trust is on track to meet its value chain emissions reduction target, having achieved 14.63% of the planned reduction.a