In 2023, Phillips Edison & Co 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, Phillips Edison & Co has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 |
|---|---|---|
Total Scope 1 | 9,500a | 12,901a |
Total Scope 2 | ||
Unspecified Calculation Method | 38,000a | 43,418a |
Total Scope 3 | N/A | N/A |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 15.5706a | 22.422a |
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In 2023, the total operational greenhouse gas (GHG) emissions of Phillips Edison & Co amounted to 47,500 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 Phillips Edison & Co decreased by 15.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2023, the total Scope 1 emissions of Phillips Edison & Co were 9,500 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2022), Phillips Edison & Co's Scope 1 emissions decreased by 26.36%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, Phillips Edison & Co reported Scope 2 greenhouse gas (GHG) emissions of 38,000 tCO₂e without specifying the calculation method.a
Compared to the previous year (2022), Phillips Edison & Co's Scope 2 emissions (Unspecified Calculation Method) fell by 12.48% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2023, Phillips Edison & Co reported its Scope 2 emissions using an unspecified methodology.a
In 2023, Phillips Edison & Co reported Scope 1 greenhouse gas (GHG) emissions of 9,500 tCO₂e and total revenues of USD 610 millions. This translates into an emissions intensity of 15.57 tCO₂e per millions USD.a
In 2023, Phillips Edison & Co reported a Scope 1 emissions intensity of 15.57 tCO₂e per millions USD. Compared to the peer group median of 2.74, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, Phillips Edison & Co ranked 22 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Phillips Edison & Co among the least efficient performers, with one of the highest emissions intensities in its sector.a