As of 2023, Rexford Industrial Realty 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 Rexford Industrial Realty ’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) | Copy restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2045 |
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As of 2023, Rexford Industrial Realty has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.
As of 2023, Rexford Industrial Realty has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Rexford Industrial Realty's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 4,395 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.
As of 2023, Rexford Industrial Realty is ahead of schedule on its operational emissions reduction target, having achieved 84.19% of the planned reduction.
As of 2023, Rexford Industrial Realty has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.
Rexford Industrial Realty's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 165,472 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022, by 99% by 2045.
As of 2023, Rexford Industrial Realty is ahead of schedule on its total carbon footprint reduction target, having achieved 4.78% of the planned reduction.