In 2024, National Storage REIT 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).
National Storage REIT has also provided a category-level breakdown for 6 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 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of National Storage REIT amounted to 8,574 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 2022, the total operational greenhouse gas (GHG) emissions of National Storage REIT increased by 2.52%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of National Storage REIT were 759 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, National Storage REIT's Scope 1 emissions have increased by 98.17%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), National Storage REIT's Scope 1 emissions increased by 682.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, National Storage REIT reported Scope 2 greenhouse gas (GHG) emissions of 7,815 tCO₂e without specifying the calculation method. a
Since 2020, National Storage REIT's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that National Storage REIT 's emissions have plateaued with no significant change in its energy consumption footprint. a
Compared to the previous year (2022), National Storage REIT's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that National Storage REIT 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, National Storage REIT reported its Scope 2 emissions using an unspecified methodology. a
In 2024, National Storage REIT reported 19,981.29 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 National Storage REIT includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, National Storage REIT reported total Scope 3 emissions of 19,981.29 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2020, National Storage REIT's Scope 3 emissions have increased by 16.29%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), National Storage REIT's Scope 3 emissions remained relatively stable, indicating that National Storage REIT 's emissions have plateaued with no significant change in its value chain footprint. a
In 2024, National Storage REIT reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to National Storage REIT's Scope 3 emissions were: a
In 2024, National Storage REIT reported Scope 1 greenhouse gas (GHG) emissions of 759 tCO₂e and total revenues of USD 227 millions. This translates into an emissions intensity of 3.35 tCO₂e per millions USD. a
In 2024, National Storage REIT reported a Scope 1 emissions intensity of 3.35 tCO₂e per millions USD. Compared to the peer group median of 1.78 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, National Storage REIT ranked 15 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
National Storage REIT is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, National Storage REIT reported a total carbon footprint of 28,555.29 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.15% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to National Storage REIT's total carbon footprint was Scope 3 emissions, accounting for 69.97% of the company's total carbon footprint, followed by Scope 2 emissions at 27.37%. a