WP Carey Inc

Common Name
WP Carey
Country
United States
Sector
Real Estate
Industry
REIT - Diversified
Employees
203
Ticker
WPC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
W. P. Carey Inc. is a publicly traded real estate investment trust (REIT) that specializes in diverse property holdings globally. Its primary function is to acquire, manage, and lease net-leased asset...

WP Carey's Climate Target Data Preview

As of 2024, WP Carey has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, 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 WP Carey ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2026
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2027
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2028
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Verified Sources Behind WP Carey’s Climate Targets 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 WP Carey’s data sources below and access millions more through our Disclosure Search.

a. WP Carey's Corporate Responsibility Report (CRR) 2024
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Insights into WP Carey's Greenhouse Gas Emissions Pathways

As of 2024, WP Carey 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 WP Carey have a target to reduce the emissions from its operations?

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

WP Carey's most ambitious operational target is to reduce these emissions by 34% by 2028, compared to a baseline of 13,027 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023. a

WP Carey has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2028 value, achieving its climate goal ahead of schedule. a

WP Carey's Operational (Scope 1+2) Emissions Pathway

20232024202520262027202803.5 k7 k10.5 k14 kBaselineCurrent (-63%)Target 2028 (-34%)
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