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 GHG Emissions Data Preview

In 2023, UDR 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, UDR has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

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 UDR's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of UDR amounted to 51,350 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 UDR increased by 1.77%, suggesting that the company faced challenges in reducing its emissions from its core operations.

UDR's Scope 1 Emissions Over Time

2018201920202022202304.5 k9 k13.5 k18 ktCO2e+4%-7%+10%+2%
  • Total Scope 1
  • Year-over-Year Change

What are UDR's Scope 1 emissions?

In 2023, the total Scope 1 emissions of UDR were 16,379 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has UDR reduced its Scope 1 emissions over time?

Since 2018, UDR's Scope 1 emissions have increased by 8.47%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), UDR's Scope 1 emissions increased by 2.39%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are UDR's Scope 2 emissions?

In 2023, UDR reported Scope 2 greenhouse gas (GHG) emissions of 21,698 tCOâ‚‚e using the market-based method, and 34,971 tCOâ‚‚e using the location-based method.

Has UDR reduced its Scope 2 emissions over time?

Since 2018, UDR's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that UDR 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), UDR's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that UDR 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does UDR use for Scope 2 reporting?

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

UDR's Scope 2 Emissions Over Time

2018201920202022202309.5 k19 k28.5 k38 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into UDR's Value Chain Emissions

In 2023, UDR reported 268,395 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 UDR 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.

UDR's Scope 3 Emissions Over Time

202020222023070 k140 k210 k280 ktCO2e+22%+9%
  • Total Scope 3
  • Year-over-Year Change

What are UDR's Scope 3 emissions?

In 2023, UDR reported total Scope 3 emissions of 268,395 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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

Insights into UDR's Total Carbon Footprint

In 2023, UDR reported a total carbon footprint of 319,745 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.68% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to UDR's total carbon footprint was Scope 3 emissions, accounting for 83.94% of the company's total carbon footprint, followed by Scope 2 emissions at 10.94%.

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