Vornado Realty Trust

Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
2,996
Ticker
VNO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Vornado Realty Trust is a prominent real estate investment trust (REIT) focused primarily on the ownership and management of office properties. It plays a critical role in the real estate sector by op...

Vornado Realty Trust's Climate Target Data Preview

As of 2024, Vornado Realty Trust has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 intensity-based target, 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 Vornado Realty Trust ’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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a
2030
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Verified Sources Behind Vornado Realty Trust’s Climate Targets Data

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a. Vornado Realty Trust's Sustainability Report 2024
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Insights into Vornado Realty Trust's Greenhouse Gas Emissions Pathways

As of 2024, Vornado Realty Trust has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Vornado Realty Trust have a target to reduce the emissions from its operations?

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

Vornado Realty Trust's most ambitious operational target is to reduce these emissions by 64% by 2030, compared to a baseline of 0.006 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2019. a

As of 2024, Vornado Realty Trust is ahead of schedule on its operational emissions reduction target, having achieved 94.28% of the planned reduction. a

Vornado Realty Trust's Operational (Scope 1+2) Emissions Pathway

20192024203000000.01BaselineCurrent (-60%)
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