Welltower Inc
Welltower's GHG Emissions Data Preview
In 2024, Welltower 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).
Welltower has also provided a category-level breakdown for 5 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.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  | 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.  b | 0000000 |
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aVerified Sources Behind Welltower’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 Welltower’s data sources below and access millions more through our Disclosure Search.
Insights into Welltower's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Welltower amounted to 448,925 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 Welltower increased by 16.63%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Welltower's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Welltower's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Welltower were 154,980 metric tons of CO₂ equivalent (tCO₂e).a
Has Welltower reduced its Scope 1 emissions over time?
Since 2019, Welltower's Scope 1 emissions have increased by 14.53%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Welltower's Scope 1 emissions increased by 16.62%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Welltower's Scope 2 emissions?
In 2024, Welltower reported Scope 2 greenhouse gas (GHG) emissions of 321,851 tCO₂e using the market-based method and 293,945 tCO₂e using the location-based method.a
Has Welltower reduced its Scope 2 emissions over time?
Since 2019, Welltower's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Welltower's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Welltower's Scope 2 emissions (Location-Based) rose by 16.63% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Welltower use for Scope 2 reporting?
In 2024, Welltower reported its Scope 2 emissions using the market-based method and using the location-based method.a
Welltower's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Welltower's Value Chain Emissions
In 2024, Welltower reported 638,421 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 Welltower includes a breakdown across 5 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
Welltower's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Welltower's Scope 3 emissions?
In 2024, Welltower reported total Scope 3 emissions of 638,421 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 30.22% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.78% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Welltower reduced its Scope 3 emissions over time?
Since 2019, Welltower's Scope 3 emissionshave remained relatively stable, indicating that Welltower's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Welltower's Scope 3 emissions remained relatively stable, indicating that Welltower's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Welltower disclose?
In 2024, Welltower reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Welltower's Scope 3 emissions?
In 2024, the largest contributors to Welltower's Scope 3 emissions were:a
- Downstream Leased Assets (Cat. 13): 445,513 tCO₂e (69.78%)
- Fuel- and Energy-Related Services (Cat. 3): 110,319 tCO₂e (17.28%)
- Waste Generated in Operations (Cat. 5): 79,414 tCO₂e (12.44%)
Welltower's Scope 3 Emissions by Categories
Insights into Welltower’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Welltower reported Scope 1 greenhouse gas (GHG) emissions of 154,980 tCO₂e and total revenues of USD 7,854 millions. This translates into an emissions intensity of 19.73 tCO₂e per millions USD.a
Welltower's Scope 1 Emissions Intensity Compared to Peers
How does Welltower's GHG emissions intensity compare to its peers?
In 2024, Welltower reported a Scope 1 emissions intensity of 19.73 tCO₂e per millions USD. Compared to the peer group median of 7.83, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Welltower rank on GHG emissions intensity within its industry?
In 2024, Welltower ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Welltower among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Welltower's Total Carbon Footprint
In 2024, Welltower reported a total carbon footprint of 1,087,346 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.48% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Welltower's total carbon footprint was Scope 3 emissions, accounting for 58.71% of the company's total carbon footprint, followed by Scope 2 emissions at 27.03%.a