- Supply chain disruptions (implied)
- Climate change related risks (water stress, wildfires, floods, heat stress, hurricanes/typhoons, sea level rise, regulatory changes)
- Technology related risks
Welltower Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Welltower Inc. disclosed greenhouse gas emissions of 857.3K tCO2e/year. By scope: Scope 1: 154.8K tCO2e/year; Scope 2: 421.0K tCO2e/year; Scope 3: 266.9K 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
857.3K tCO2e/year
2023
Renewable Energy
2.81% (SHO), 5.53% (MOB)
of total energy
Water Usage
4.6B gallons/year
2023
Waste
57.0K tons/year
2023
Energy Use
10.3B kBtu/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). | 154.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 421.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 266.9K 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 | 857.3K tCO2e/year |
| 2022 | 908.2K tCO2e/year |
| 2021 | 507.7K tCO2e |
| 2020 | 856.9K tCO2e/year (Scope 1 & 2) |
| 2019 | 564.5K tCO2e (Scope 1 & 2 and select Scope 3) |
| 2017 | 171.8K tCO2e (Location Based Scope 2) + 155550 tCO2e (Market Based Scope 2) + 7683 tCO2e (Scope 1) + 14791 tCO2e (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 23.2% Scope 1 and 2 GHG Emissions Intensity Reduction Over 2018 Baseline
- 22.6% Control Boundary Energy Saved Over 2018 Baseline
- 13.4% Control Boundary Water Saved Over 2018 Baseline
- 349 valid green building certifications (+210 from 2022)
- Allocated 100% of $1.04 billion in net green bond proceeds towards eligible green building projects
🎯 Climate & Sustainability Targets
🔜 Short-term
- 25% Scope 1 & 2 GHG Emissions Intensity Reduction by 2030 Over 2023 Baseline
- 12% Energy Usage Intensity Reduction by 2030 Over 2023 Baseline
- 12% Water Usage Intensity Reduction by 2030 Over 2023 Baseline
- 30% Increase in Waste Data Coverage by 2030 Over 2023 Baseline
📅 Medium-term
- 28% Absolute Scope 1 & 2 GHG Emissions Reduction by 2030 Over 2019 Baseline
🌱 ESG Focus Areas
Environmental StewardshipPutting People FirstLeading with Integrity