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 GHG Emissions Data Preview

In 2023, Essex Property Trust 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), and Scope 2 (indirect emissions from purchased energy).

However, Essex Property Trust has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Essex Property Trust amounted to 50,511 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Essex Property Trust increased by 15.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Essex Property Trust's Scope 1 Emissions Over Time

20182019202020212022202309.5 k19 k28.5 k38 ktCO2e+2%-15%+11%-7%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Essex Property Trust's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Essex Property Trust were 31,871 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Essex Property Trust reduced its Scope 1 emissions over time?

Since 2018, Essex Property Trust's Scope 1 emissions have decreased by 10.1%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Essex Property Trust's Scope 1 emissions remained relatively stable, indicating that Essex Property Trust's emissions have plateaued with no significant change in its operational footprint.

What are Essex Property Trust's Scope 2 emissions?

In 2023, Essex Property Trust reported Scope 2 greenhouse gas (GHG) emissions of 11,492 tCOâ‚‚e using the market-based method, and 18,640 tCOâ‚‚e using the location-based method.

What methodology does Essex Property Trust use for Scope 2 reporting?

In 2023, Essex Property Trust reported its Scope 2 emissions using the market-based method and using the location-based method.

Essex Property Trust's Scope 2 Emissions Over Time

20182019202020212022202305.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
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