📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

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 real estate investment trust (REIT) that specializes in owning, managing, and enhancing commercial properties, with a primary focus on Manhattan, New York City. Renowned as ...

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)2023202220212020 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=SLG&reporting_period=2024"

Verified Sources Behind SL Green Realty’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore SL Green Realty’s data sources below and access millions more through our Disclosure Search.

a. SL Green Realty's GRI index 2024
a. SL Green Realty's GRI index 2024
b. SL Green Realty's CDP Climate sourced from company’s website 2023
b. SL Green Realty's CDP Climate sourced from company’s website 2023

Insights into SL Green Realty's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofSL Green Realty amounted to16,306metric 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 SL Green Realtydecreased by 43.91%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

SL Green Realty's Scope 1 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-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).a

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

Since 2019, SL Green Realty's Scope 1 emissions have increased by 290.51%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

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.a

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.a

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

Since 2019, SL Green Realty's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 45.68%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

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.a

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.a

SL Green Realty's Scope 2 Emissions Over Time

2019202020212022202306.5 k13 k19.5 k26 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.a

The 2023 disclosure of SL Green Realty includes a breakdown across 7of 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.a

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).a

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.a

Has SL Green Realty reduced its Scope 3 emissions over time?

Since 2019, SL Green Realty's Scope 3 emissionshave decreased by 11.3%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

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.ab

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.a

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:a

  • 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 GHG Emissions Intensity Compared to Industry Peers

In 2023, SL Green Realty reported Scope 1 greenhouse gas (GHG) emissions of 3,991 tCOâ‚‚e and total revenues of USD 914 millions. This translates into an emissions intensity of 4.37 tCOâ‚‚e per millions USD.a

SL Green Realty's Scope 1 Emissions Intensity Compared to Peers

5501,00020,000200,000Scope 1 Emissions (tCO2e)502005002,00010,000Revenues (Millions of USD)VKennedy-Wilson HoldingsYear: 2023Scope 1: 12,989 tCO2eRevenue: $M 563Scope 1 Intensity: 23.09 tCO2e/$MDouglas EmmettYear: 2023Scope 1: 6,773 tCO2eRevenue: $M 1,020Scope 1 Intensity: 6.64 tCO2e/$MAlexandria Real Estate EquitiesYear: 2024Scope 1: 108,507 tCO2eRevenue: $M 3,050Scope 1 Intensity: 35.58 tCO2e/$MChatham Lodging TrustYear: 2023Scope 1: 6,208 tCO2eRevenue: $M 311Scope 1 Intensity: 19.96 tCO2e/$MBXPYear: 2024Scope 1: 12,637 tCO2eRevenue: $M 3,408Scope 1 Intensity: 3.71 tCO2e/$MFranklin Street PropertiesYear: 2024Scope 1: 1,008 tCO2eRevenue: $M 120Scope 1 Intensity: 8.39 tCO2e/$MHudson Pacific PropertiesYear: 2023Scope 1: 13,272 tCO2eRevenue: $M 952Scope 1 Intensity: 13.94 tCO2e/$MTerreno RealtyYear: 2022Scope 1: 5 tCO2eRevenue: $M 276Scope 1 Intensity: 0.02 tCO2e/$MHighwoods PropertiesYear: 2024Scope 1: 2,480 tCO2eRevenue: $M 826Scope 1 Intensity: 3.00 tCO2e/$MCOPT Defense PropertiesYear: 2024Scope 1: 10,504 tCO2eRevenue: $M 753Scope 1 Intensity: 13.94 tCO2e/$MPiedmont Realty TrustYear: 2024Scope 1: 829 tCO2eRevenue: $M 570Scope 1 Intensity: 1.45 tCO2e/$MVVVeris ResidentialYear: 2024Scope 1: 5,397 tCO2eRevenue: $M 271Scope 1 Intensity: 19.91 tCO2e/$MCousins PropertiesYear: 2023Scope 1: 366 tCO2eRevenue: $M 803Scope 1 Intensity: 0.46 tCO2e/$MBroadstone Net LeaseYear: 2024Scope 1: 361 tCO2eRevenue: $M 432Scope 1 Intensity: 0.84 tCO2e/$MJBG SMITH PropertiesYear: 2024Scope 1: 5,040 tCO2eRevenue: $M 547Scope 1 Intensity: 9.21 tCO2e/$MLXP Industrial TrustYear: 2024Scope 1: 235 tCO2eRevenue: $M 358Scope 1 Intensity: 0.66 tCO2e/$MAcadia Realty TrustYear: 2024Scope 1: 1,976 tCO2eRevenue: $M 360Scope 1 Intensity: 5.49 tCO2e/$MKilroy RealtyYear: 2023Scope 1: 4,765 tCO2eRevenue: $M 1,130Scope 1 Intensity: 4.22 tCO2e/$MUrban Edge PropertiesYear: 2024Scope 1: 596 tCO2eRevenue: $M 445Scope 1 Intensity: 1.34 tCO2e/$MRexford Industrial RealtyYear: 2024Scope 1: 21 tCO2eRevenue: $M 938Scope 1 Intensity: 0.02 tCO2e/$MUDRYear: 2024Scope 1: 15,933 tCO2eRevenue: $M 1,672Scope 1 Intensity: 9.53 tCO2e/$MVornado Realty TrustYear: 2024Scope 1: 22,586 tCO2eRevenue: $M 1,788Scope 1 Intensity: 12.63 tCO2e/$MKite Realty Group TrustYear: 2024Scope 1: 2,617 tCO2eRevenue: $M 842Scope 1 Intensity: 3.11 tCO2e/$MSL Green RealtyYear: 2023Scope 1: 3,991 tCO2eRevenue: $M 914Scope 1 Intensity: 4.37 tCO2e/$M

How does SL Green Realty's GHG emissions intensity compare to its peers?

In 2023, SL Green Realty reported a Scope 1 emissions intensity of 4.37 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.49, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does SL Green Realty rank on GHG emissions intensity within its industry?

In 2023, SL Green Realty ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

SL Green Realty is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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.ab

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%.a

Want Full Access to SL Green Realty's GHG Emissions Dataset?
Sign Up