In 2024, Rexford Industrial Realty 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).
Rexford Industrial Realty has also provided a category-level breakdown for 8 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 Rexford Industrial Realty amounted to 1,726 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 2023, the total operational greenhouse gas (GHG) emissions of Rexford Industrial Realty decreased by 39.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
In 2024, the total Scope 1 emissions of Rexford Industrial Realty were 21 metric tons of CO₂ equivalent (tCO₂e). a
Since 2020, Rexford Industrial Realty's Scope 1 emissions have decreased by 99.92%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Rexford Industrial Realty's Scope 1 emissions decreased by 94.56%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b
In 2024, Rexford Industrial Realty reported Scope 2 greenhouse gas (GHG) emissions of 1,705 tCO₂e without specifying the calculation method. a
Since 2020, Rexford Industrial Realty's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 95.27%, reflecting a declining long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2023), Rexford Industrial Realty's Scope 2 emissions (Unspecified Calculation Method) fell by 30.55% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b
In 2024, Rexford Industrial Realty reported its Scope 2 emissions using an unspecified methodology. a
In 2024, Rexford Industrial Realty reported 167,017 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 Rexford Industrial Realty includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2024, Rexford Industrial Realty reported total Scope 3 emissions of 167,017 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 24.15% of these emissions originated from upstream activities such as purchased goods and capital goods, while 75.85% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), Rexford Industrial Realty's Scope 3 emissions remained relatively stable, indicating that Rexford Industrial Realty 's emissions have plateaued with no significant change in its value chain footprint. a b
In 2024, Rexford Industrial Realty reported emissions for 8 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 Rexford Industrial Realty's Scope 3 emissions were: a
In 2024, Rexford Industrial Realty reported Scope 1 greenhouse gas (GHG) emissions of 21 tCO₂e and total revenues of USD 938 millions. This translates into an emissions intensity of 0.02 tCO₂e per millions USD. a
In 2024, Rexford Industrial Realty reported a Scope 1 emissions intensity of 0.02 tCO₂e per millions USD. Compared to the peer group median of 5.31 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Rexford Industrial Realty ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Rexford Industrial Realty among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Rexford Industrial Realty reported a total carbon footprint of 168,743 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.04% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Rexford Industrial Realty's total carbon footprint was Scope 3 emissions, accounting for 98.98% of the company's total carbon footprint, followed by Scope 2 emissions at 1.01%. a