Vornado Realty Trust
Vornado Realty Trust's GHG Emissions Data Preview
In 2024, 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/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Verified Sources Behind Vornado Realty Trust’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 Vornado Realty Trust’s data sources below and access millions more through our Disclosure Search.
Insights into Vornado Realty Trust's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Vornado Realty Trust amounted to 92,082 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 2023, the total operational greenhouse gas (GHG) emissions of Vornado Realty Trust decreased by 0.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
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 2024, the total Scope 1 emissions of Vornado Realty Trust were 22,586 metric tons of CO₂ equivalent (tCO₂e).a
Has Vornado Realty Trust reduced its Scope 1 emissions over time?
Since 2019, Vornado Realty Trust's Scope 1 emissions have increased by 15.95%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Vornado Realty Trust's Scope 1 emissions increased by 3.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Vornado Realty Trust's Scope 2 emissions?
In 2024, Vornado Realty Trust reported Scope 2 greenhouse gas (GHG) emissions of 29,392 tCO₂e using the market-based method and 69,496 tCO₂e using the location-based method.a
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 33%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), 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.a
What methodology does Vornado Realty Trust use for Scope 2 reporting?
In 2024, Vornado Realty Trust reported its Scope 2 emissions using the market-based method and using the location-based method.a
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 2024, Vornado Realty Trust reported 101,007 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 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
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 2024, Vornado Realty Trust reported total Scope 3 emissions of 101,007 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
Has Vornado Realty Trust reduced its Scope 3 emissions over time?
Since 2019, Vornado Realty Trust's Scope 3 emissions have increased by 21.27%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), 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.a
What categories of Scope 3 emissions does Vornado Realty Trust disclose?
In 2024, Vornado Realty Trust 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 Vornado Realty Trust's Scope 3 emissions?
In 2024, the largest contributors to Vornado Realty Trust's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 101,007 tCO₂e (100%)
Vornado Realty Trust's Scope 3 Emissions by Categories
Insights into Vornado Realty Trust’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Vornado Realty Trust reported Scope 1 greenhouse gas (GHG) emissions of 22,586 tCO₂e and total revenues of USD 1,788 millions. This translates into an emissions intensity of 12.63 tCO₂e per millions USD.a
Vornado Realty Trust's Scope 1 Emissions Intensity Compared to Peers
How does Vornado Realty Trust's GHG emissions intensity compare to its peers?
In 2024, Vornado Realty Trust reported a Scope 1 emissions intensity of 12.63 tCO₂e per millions USD. Compared to the peer group median of 8.39, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Vornado Realty Trust rank on GHG emissions intensity within its industry?
In 2024, Vornado Realty Trust ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Vornado Realty Trust is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Vornado Realty Trust's Total Carbon Footprint
In 2024, Vornado Realty Trust reported a total carbon footprint of 193,089 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.64% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Vornado Realty Trust's total carbon footprint was Scope 3 emissions, accounting for 52.31% of the company's total carbon footprint, followed by Scope 2 emissions at 35.99%.a