SL Green Realty Corp

Common Name
SL Green Realty
Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
1,221
Ticker
SLG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
SL Green Realty Corp. is a prominent real estate investment trust (REIT) that focuses on acquiring, managing, and maximizing value from commercial properties. As the largest office landlord in New Yor...

SL Green Realty's GHG Emissions Data Preview

In 2023, SL Green 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).

SL Green 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into SL Green Realty's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of SL Green Realty amounted to 16,306 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of SL Green Realty decreased by 43.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

SL Green Realty's Scope 1 Emissions Over Time

20182019202020212022202301.5 k3 k4.5 k6 ktCO2e-48%-27%+621%-27%+1%
  • Total Scope 1
  • Year-over-Year Change

What are SL Green Realty's Scope 1 emissions?

In 2023, the total Scope 1 emissions of SL Green Realty were 3,991 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has SL Green Realty reduced its Scope 1 emissions over time?

Since 2018, SL Green Realty's Scope 1 emissions have increased by 101.77%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), SL Green Realty's Scope 1 emissions remained relatively stable, indicating that SL Green Realty's emissions have plateaued with no significant change in its operational footprint.

What are SL Green Realty's Scope 2 emissions?

In 2023, SL Green Realty reported Scope 2 greenhouse gas (GHG) emissions of 4,968 tCOâ‚‚e using the market-based method, and 12,315 tCOâ‚‚e using the location-based method.

Has SL Green Realty reduced its Scope 2 emissions over time?

Since 2018, SL Green Realty's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 60.59%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), SL Green Realty's Scope 2 emissions (Location-Based) fell by 50.94% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does SL Green Realty use for Scope 2 reporting?

In 2023, SL Green Realty reported its Scope 2 emissions using the market-based method and using the location-based method.

SL Green Realty's Scope 2 Emissions Over Time

20182019202020212022202308 k16 k24 k32 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into SL Green Realty's Value Chain Emissions

In 2023, SL Green Realty reported 433,971 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of SL Green Realty includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

SL Green Realty's Scope 3 Emissions Over Time

201920202021202220230150 k300 k450 k600 ktCO2e+2%+10%-1%-20%
  • Total Scope 3
  • Year-over-Year Change

What are SL Green Realty's Scope 3 emissions?

In 2023, SL Green Realty reported total Scope 3 emissions of 433,971 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 70.72% of these emissions originated from upstream activities such as purchased goods and capital goods, while 29.28% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), SL Green Realty's Scope 3 emissions decreased by 20.18%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does SL Green Realty disclose?

In 2023, SL Green Realty reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of SL Green Realty's Scope 3 emissions?

In 2023, the largest contributors to SL Green Realty's Scope 3 emissions were:

  • Capital Goods (Cat. 2): 178,027 tCOâ‚‚e (41.02%)
  • Downstream Leased Assets (Cat. 13): 127,071 tCOâ‚‚e (29.28%)
  • Purchased Goods and Services (Cat. 1): 90,008 tCOâ‚‚e (20.74%)

SL Green Realty's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(20.7%)Capital Goods(Cat. 2)(41.0%)Downstream LeasedAssets (Cat. 13)(29.3%)

Insights into SL Green Realty's Total Carbon Footprint

In 2023, SL Green Realty reported a total carbon footprint of 450,277 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.38% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to SL Green Realty's total carbon footprint was Scope 3 emissions, accounting for 96.38% of the company's total carbon footprint, followed by Scope 2 emissions at 2.73%.

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