VICI Properties Inc

Common Name
VICI Properties
Country
United States
Sector
Real Estate
Industry
REIT - Diversified
Employees
27
Ticker
VICI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Vici Properties Inc. is a real estate investment trust (REIT) that specializes primarily in the ownership, acquisition, and development of gaming, hospitality, and entertainment destinations. Its port...

VICI Properties's GHG Emissions Data Preview

In 2023, VICI Properties 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).

VICI Properties has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

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 VICI Properties’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 VICI Properties’s data sources below and access millions more through our Disclosure Search.

a. VICI Properties's ESG Report 2024
a. VICI Properties's ESG Report 2024
b. VICI Properties's ESG Report 2023
b. VICI Properties's ESG Report 2023
c. VICI Properties's ESG Report 2021
c. VICI Properties's ESG Report 2021

Insights into VICI Properties's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of VICI Properties amounted to 2,628 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 VICI Properties increased by 1.98%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

VICI Properties's Scope 1 Emissions Over Time

2018201920222023025 k50 k75 k100 ktCO2e-1%-99%-15%
  • Total Scope 1
  • Year-over-Year Change

What are VICI Properties's Scope 1 emissions?

In 2023, the total Scope 1 emissions of VICI Properties were 524 metric tons of CO₂ equivalent (tCO₂e). a

Has VICI Properties reduced its Scope 1 emissions over time?

Since 2018, VICI Properties's Scope 1 emissions have decreased by 99.45%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2022), VICI Properties's Scope 1 emissions decreased by 14.94%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are VICI Properties's Scope 2 emissions?

In 2023, VICI Properties reported Scope 2 greenhouse gas (GHG) emissions of 2,104 tCO₂e using the location-based method. a

Has VICI Properties reduced its Scope 2 emissions over time?

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

What methodology does VICI Properties use for Scope 2 reporting?

In 2023, VICI Properties reported its Scope 2 emissions using the location-based method. a

VICI Properties's Scope 2 Emissions Over Time

2018201920222023085 k170 k255 k340 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into VICI Properties's Value Chain Emissions

In 2023, VICI Properties reported 885,976 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 VICI Properties includes a breakdown across 1 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

VICI Properties's Scope 3 Emissions Over Time

201920202021202220230250 k500 k750 k1 MtCO2e-20%+12%-15%+29%
  • Total Scope 3
  • Year-over-Year Change

What are VICI Properties's Scope 3 emissions?

In 2023, VICI Properties reported total Scope 3 emissions of 885,976 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), VICI Properties's Scope 3 emissions increased by 29.16%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does VICI Properties disclose?

In 2023, VICI Properties reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of VICI Properties's Scope 3 emissions?

In 2023, the largest contributors to VICI Properties's Scope 3 emissions were: a

  • Downstream Leased Assets (Cat. 13): 885,976 tCO₂e (100%)

VICI Properties's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into VICI Properties’s GHG Emissions Intensity Compared to Industry Peers

In 2023, VICI Properties reported Scope 1 greenhouse gas (GHG) emissions of 524 tCO₂e and total revenues of USD 3,611 millions. This translates into an emissions intensity of 0.15 tCO₂e per millions USD. a

VICI Properties's Scope 1 Emissions Intensity Compared to Peers

102005,00050,0001,000,000Scope 1 Emissions (tCO2e)1005002,0005,00020,000Revenues (Millions of USD)Park Hotels & ResortsYear: 2023Scope 1: 59,383 tCO2eRevenue: $M 2,698Scope 1 Intensity: 22.01 tCO2e/$MRegency CentersYear: 2024Scope 1: 3,179 tCO2eRevenue: $M 1,454Scope 1 Intensity: 2.19 tCO2e/$MSun CommunitiesYear: 2023Scope 1: 38,505 tCO2eRevenue: $M 3,179Scope 1 Intensity: 12.11 tCO2e/$MEmpire State Realty TrustYear: 2023Scope 1: 3,178 tCO2eRevenue: $M 740Scope 1 Intensity: 4.30 tCO2e/$MGaming and Leisure PropertiesYear: 2023Scope 1: 20 tCO2eRevenue: $M 1,444Scope 1 Intensity: 0.01 tCO2e/$MWP CareyYear: 2024Scope 1: 4,800 tCO2eRevenue: $M 1,583Scope 1 Intensity: 3.03 tCO2e/$MSBA CommunicationsYear: 2023Scope 1: 10,200 tCO2eRevenue: $M 2,712Scope 1 Intensity: 3.76 tCO2e/$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: $M 2,149Scope 1 Intensity: 2.83 tCO2e/$MHealthpeak PropertiesYear: 2024Scope 1: 71,829 tCO2eRevenue: $M 2,700Scope 1 Intensity: 26.60 tCO2e/$MCamden Property TrustYear: 2024Scope 1: 14,163 tCO2eRevenue: $M 1,544Scope 1 Intensity: 9.17 tCO2e/$MExtra Space StorageYear: 2024Scope 1: 37,171 tCO2eRevenue: $M 3,257Scope 1 Intensity: 11.41 tCO2e/$MBroadstone Net LeaseYear: 2024Scope 1: 361 tCO2eRevenue: $M 432Scope 1 Intensity: 0.84 tCO2e/$MAmerican TowerYear: 2024Scope 1: 365,725 tCO2eRevenue: $M 10,127Scope 1 Intensity: 36.11 tCO2e/$MVentasYear: 2024Scope 1: 129,420 tCO2eRevenue: $M 4,924Scope 1 Intensity: 26.28 tCO2e/$MSimon Property GroupYear: 2023Scope 1: 22,241 tCO2eRevenue: $M 5,659Scope 1 Intensity: 3.93 tCO2e/$MUrban Edge PropertiesYear: 2024Scope 1: 596 tCO2eRevenue: $M 445Scope 1 Intensity: 1.34 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$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: $M 3,692Scope 1 Intensity: 2.86 tCO2e/$MPublic StorageYear: 2024Scope 1: 32,399 tCO2eRevenue: $M 4,696Scope 1 Intensity: 6.90 tCO2e/$MVICI PropertiesYear: 2023Scope 1: 524 tCO2eRevenue: $M 3,611Scope 1 Intensity: 0.15 tCO2e/$M

How does VICI Properties's GHG emissions intensity compare to its peers?

In 2023, VICI Properties reported a Scope 1 emissions intensity of 0.15 tCO₂e per millions USD. Compared to the peer group median of 4.11 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does VICI Properties rank on GHG emissions intensity within its industry?

In 2023, VICI Properties ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places VICI Properties among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into VICI Properties's Total Carbon Footprint

In 2023, VICI Properties reported a total carbon footprint of 888,604 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.05% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to VICI Properties's total carbon footprint was Scope 3 emissions, accounting for 99.7% of the company's total carbon footprint, followed by Scope 2 emissions at 0.24%. a

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