In 2023, Essex Property Trust conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 84,979a | 83,464a | 76,517a | |
Total Waste Recovered | 40,280.046a | 39,002.727a | 33,009.434a | |
Total Hazardous Waste Generated | N/A | N/A | N/A | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, Essex Property Trust generated a total of 84,979metric tonnes of waste.a
Of this amount, 47.4% of Essex Property Trust's total waste generated was recovered through methods such as recycling, reuse, or composting, while 52.6% was disposed of through landfilling, incineration, or combustion.a
In 2023, Essex Property Trust reported a total waste generation of 84,979 metric tonnes, of which 47.4% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Essex Property Trust is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2019, Essex Property Trust's total waste generation increased by 21.02%, including a 1.82%increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.a
Over the same period, Essex Property Trust's waste recovery rate increased by 18.86%, including a 1.43% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.a
Overall, Essex Property Trust has seen a consistent rise in waste generation both over the long term and in the year 2023. However, the company has also steadily improved its waste recovery performance, suggesting that it is actively working to offset the environmental consequences of increased production through enhanced circularity efforts.