UDR Inc

Common Name
UDR
Country
United States
Sector
Real Estate
Industry
REIT - Residential
Employees
1,419
Ticker
UDR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
UDR Inc. is a real estate investment trust (REIT) primarily engaged in the acquisition, development, and management of residential apartment communities. The company's primary purpose is to generate i...

UDR's Climate Target Data Preview

As of 2024, UDR has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based 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 UDR ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2)
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2035
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2)
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2035

This table provides a simplified preview of selected climate targets 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 UDR's Greenhouse Gas Emissions Pathways

As of 2024, UDR has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does UDR have a target to reduce the emissions from its operations?

As of 2024, UDR has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

UDR's most ambitious operational target is to reduce these emissions by 40% by 2035, compared to a baseline of 0.003 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2020.

As of 2023, UDR is ahead of schedule on its operational emissions reduction target, having achieved 50.93% of the planned reduction.

UDR's Operational (Scope 1+2) Emissions Pathway

20202023203500000BaselineCurrent (-20%)Target 2035 (-40%)

Does UDR have a target to reduce the emissions from its value chain?

As of 2024, UDR has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

UDR's most ambitious value chain target is to reduce these emissions by 30% by 2035, compared to a baseline of 0.003 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2020.

Instead of reducing value chain emissions, UDR has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

UDR's Value Chain (Scope 3) Emissions Pathway

20202023203500000Current (+8%)Target 2035 (-30%)
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