Vornado Realty Trust
Vornado Realty Trust's GHG Emissions Data Preview
In 2023, Vornado Realty Trust 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).
Vornado Realty Trust 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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 Vornado Realty Trust's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Vornado Realty Trust amounted to 189,287 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 Vornado Realty Trust decreased by 4.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Vornado Realty Trust's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Vornado Realty Trust's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Vornado Realty Trust were 30,231 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Vornado Realty Trust reduced its Scope 1 emissions over time?
Since 2019, Vornado Realty Trust's Scope 1 emissions have increased by 5.79%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Vornado Realty Trust's Scope 1 emissions decreased by 3.45%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Vornado Realty Trust's Scope 2 emissions?
In 2023, Vornado Realty Trust reported Scope 2 greenhouse gas (GHG) emissions of 46,665 tCOâ‚‚e using the market-based method, and 159,056 tCOâ‚‚e using the location-based method.
Has Vornado Realty Trust reduced its Scope 2 emissions over time?
Since 2019, Vornado Realty Trust's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 10.63%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Vornado Realty Trust's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Vornado Realty Trust 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Vornado Realty Trust use for Scope 2 reporting?
In 2023, Vornado Realty Trust reported its Scope 2 emissions using the market-based method and using the location-based method.
Vornado Realty Trust's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Vornado Realty Trust's Value Chain Emissions
In 2023, Vornado Realty Trust reported 44,506 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 Vornado Realty Trust 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.
Vornado Realty Trust's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Vornado Realty Trust's Scope 3 emissions?
In 2023, Vornado Realty Trust reported total Scope 3 emissions of 44,506 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has Vornado Realty Trust reduced its Scope 3 emissions over time?
Since 2019, Vornado Realty Trust's Scope 3 emissions have decreased by 10.56%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Vornado Realty Trust's Scope 3 emissions remained relatively stable, indicating that Vornado Realty Trust 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Vornado Realty Trust disclose?
In 2023, Vornado Realty Trust reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Vornado Realty Trust's Scope 3 emissions?
In 2023, the largest contributors to Vornado Realty Trust's Scope 3 emissions were:
- Downstream Leased Assets (Cat. 13): 44,506 tCOâ‚‚e (100%)
Vornado Realty Trust's Scope 3 Emissions by Categories
Insights into Vornado Realty Trust's Total Carbon Footprint
In 2023, Vornado Realty Trust reported a total carbon footprint of 233,793 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.12% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Vornado Realty Trust's total carbon footprint was Scope 2 emissions, accounting for 68.03% of the company's total carbon footprint, followed by Scope 3 emissions at 19.04%.