- As a net lease REIT, the majority of our emissions are Scope 3 from our leased properties. Obtaining energy usage data requires substantial coordination with tenant companies.
- The extensive and geographically diverse portfolio requires significant time and resources to ensure accurate baseline data.
W. P. Carey Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, W. P. Carey Inc. disclosed greenhouse gas emissions of 17.8K tCO2e/year. By scope: Scope 1: 5.1K tCO2e/year; Scope 2: 12.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
17.8K tCO2e/year
2023
Renewable Energy
2%
of total energy
Energy Use
55.5K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 5.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 12.7K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 17.8K tCO2e/year |
| 2022 | 13.8K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased tenants enrolled in our electricity usage data reporting program to more than 50% as a percentage of ABR and square footage
- Disclosed like-for-like Scope 1 and 2 emissions data for the first time
- Achieved Green Lease Leader Gold level recognition for the third consecutive year
- 82% of 2023 investment volume was completed with a green lease
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase tenant enrollment to 65% as a percentage of square footage by the end of 2024.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance