Sun Communities Inc

Common Name
Sun Communities
Country
United States
Sector
Real Estate
Industry
REIT - Residential
Employees
6,491
Ticker
SUI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Sun Communities Inc. is a real estate investment trust (REIT) specializing in the ownership and operation of manufactured home and recreational vehicle (RV) communities. Its primary function is to pro...

Sun Communities's GHG Emissions Data Preview

In 2023, Sun Communities 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).

However, Sun Communities has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Sun Communities’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 Sun Communities’s data sources below and access millions more through our Disclosure Search.

a. Sun Communities's ESG Report 2023
a. Sun Communities's ESG Report 2023
b. Sun Communities's Verification report 2022
b. Sun Communities's Verification report 2022

Insights into Sun Communities's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sun Communities amounted to 187,185 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 Sun Communities increased by 4.38%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Sun Communities's Scope 1 Emissions Over Time

20192020202120222023010 k20 k30 k40 ktCO2e-7%+62%+70%+24%
  • Total Scope 1
  • Year-over-Year Change

What are Sun Communities's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sun Communities were 38,505 metric tons of CO₂ equivalent (tCO₂e). a

Has Sun Communities reduced its Scope 1 emissions over time?

Since 2019, Sun Communities's Scope 1 emissions have increased by 219.31%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Sun Communities's Scope 1 emissions increased by 24.48%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Sun Communities's Scope 2 emissions?

In 2023, Sun Communities reported Scope 2 greenhouse gas (GHG) emissions of 148,680 tCO₂e without specifying the calculation method. a

Has Sun Communities reduced its Scope 2 emissions over time?

Since 2019, Sun Communities's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 116.04%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Sun Communities's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sun Communities 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Sun Communities use for Scope 2 reporting?

In 2023, Sun Communities reported its Scope 2 emissions using an unspecified methodology. a

Sun Communities's Scope 2 Emissions Over Time

20192020202120222023040 k80 k120 k160 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sun Communities's Value Chain Emissions

In 2023, Sun Communities reported 4,803,839 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 2023 disclosure of Sun Communities includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Sun Communities's Scope 3 Emissions Over Time

2019202020212022202301.5 M3 M4.5 M6 MtCO2e+20%+296%+7492%+9%
  • Total Scope 3
  • Year-over-Year Change

What are Sun Communities's Scope 3 emissions?

In 2023, Sun Communities reported total Scope 3 emissions of 4,803,839 metric tons of CO₂ equivalent (tCO₂e). a

Has Sun Communities reduced its Scope 3 emissions over time?

Since 2019, Sun Communities's Scope 3 emissions have increased by 39,188.78%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Sun Communities's Scope 3 emissions remained relatively stable, indicating that Sun Communities 's emissions have plateaued with no significant change in its value chain footprint. a

Insights into Sun Communities’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Sun Communities reported Scope 1 greenhouse gas (GHG) emissions of 38,505 tCO₂e and total revenues of USD 3,179 millions. This translates into an emissions intensity of 12.11 tCO₂e per millions USD. a

Sun Communities's Scope 1 Emissions Intensity Compared to Peers

505005,00050,000500,000Scope 1 Emissions (tCO2e)1002001,0005,00020,000Revenues (Millions of USD)VPark Hotels & ResortsYear: 2023Scope 1: 59,383 tCO2eRevenue: $M 2,698Scope 1 Intensity: 22.01 tCO2e/$MNNN REITYear: 2024Scope 1: 108 tCO2eRevenue: $M 869Scope 1 Intensity: 0.12 tCO2e/$MRegency CentersYear: 2024Scope 1: 3,179 tCO2eRevenue: $M 1,454Scope 1 Intensity: 2.19 tCO2e/$MEquinixYear: 2024Scope 1: 59,400 tCO2eRevenue: $M 8,748Scope 1 Intensity: 6.79 tCO2e/$MBXPYear: 2024Scope 1: 12,637 tCO2eRevenue: $M 3,408Scope 1 Intensity: 3.71 tCO2e/$MEquity LifeStyle PropertiesYear: 2021Scope 1: 17,041 tCO2eRevenue: $M 1,255Scope 1 Intensity: 13.58 tCO2e/$MMid-America Apartment CommunitiesYear: 2023Scope 1: 6,070 tCO2eRevenue: $M 2,149Scope 1 Intensity: 2.83 tCO2e/$MHost Hotels & ResortsYear: 2024Scope 1: 92,608 tCO2eRevenue: $M 5,684Scope 1 Intensity: 16.29 tCO2e/$MCamden Property TrustYear: 2024Scope 1: 14,163 tCO2eRevenue: $M 1,544Scope 1 Intensity: 9.17 tCO2e/$MExtra Space StorageYear: 2024Scope 1: 37,171 tCO2eRevenue: $M 3,257Scope 1 Intensity: 11.41 tCO2e/$MCrown CastleYear: 2024Scope 1: 11,374 tCO2eRevenue: $M 6,568Scope 1 Intensity: 1.73 tCO2e/$MVVVeris ResidentialYear: 2024Scope 1: 5,397 tCO2eRevenue: $M 271Scope 1 Intensity: 19.91 tCO2e/$MVICI PropertiesYear: 2023Scope 1: 524 tCO2eRevenue: $M 3,611Scope 1 Intensity: 0.15 tCO2e/$MEquity ResidentialYear: 2022Scope 1: 68,855 tCO2eRevenue: $M 2,735Scope 1 Intensity: 25.17 tCO2e/$MIron MountainYear: 2024Scope 1: 115,728 tCO2eRevenue: $M 6,150Scope 1 Intensity: 18.82 tCO2e/$MVentasYear: 2024Scope 1: 129,420 tCO2eRevenue: $M 4,924Scope 1 Intensity: 26.28 tCO2e/$MAvalonBay CommunitiesYear: 2024Scope 1: 21,335 tCO2eRevenue: $M 2,914Scope 1 Intensity: 7.32 tCO2e/$MEssex Property TrustYear: 2024Scope 1: 28,969 tCO2eRevenue: $M 1,774Scope 1 Intensity: 16.33 tCO2e/$MFederal RealtyYear: 2024Scope 1: 3,186 tCO2eRevenue: $M 1,202Scope 1 Intensity: 2.65 tCO2e/$MCentury CommunitiesYear: 2023Scope 1: 10,562 tCO2eRevenue: $M 3,692Scope 1 Intensity: 2.86 tCO2e/$MInvitation HomesYear: 2022Scope 1: 5,158 tCO2eRevenue: $M 2,238Scope 1 Intensity: 2.30 tCO2e/$MPublic StorageYear: 2024Scope 1: 32,399 tCO2eRevenue: $M 4,696Scope 1 Intensity: 6.90 tCO2e/$MUDRYear: 2023Scope 1: 16,379 tCO2eRevenue: $M 1,628Scope 1 Intensity: 10.06 tCO2e/$MAmerican Homes 4 RentYear: 2024Scope 1: 13,532 tCO2eRevenue: $M 1,729Scope 1 Intensity: 7.83 tCO2e/$MSun CommunitiesYear: 2023Scope 1: 38,505 tCO2eRevenue: $M 3,179Scope 1 Intensity: 12.11 tCO2e/$M

How does Sun Communities's GHG emissions intensity compare to its peers?

In 2023, Sun Communities reported a Scope 1 emissions intensity of 12.11 tCO₂e per millions USD. Compared to the peer group median of 7.58 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Sun Communities rank on GHG emissions intensity within its industry?

In 2023, Sun Communities ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Sun Communities's Total Carbon Footprint

In 2023, Sun Communities reported a total carbon footprint of 4,991,024 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.91% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Sun Communities's total carbon footprint was Scope 3 emissions, accounting for 96.25% of the company's total carbon footprint, followed by Scope 2 emissions at 2.98%. a

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