- Higher than anticipated water consumption in 2023 due to increased building utilization, unexpected leaks, and baseline set during a substantial tenant improvement project.
- Waste diversion was flat in 2023 due to increased building utilization.
- Climate-related risks including acute risks (wildfires, decreased water quality, heatwaves, natural catastrophes) and chronic risks (rising sea levels, increased temperatures, droughts).
American Assets Trust, Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, American Assets Trust, Inc. disclosed greenhouse gas emissions of 34.4K tCO2e/year. By scope: Scope 1: 6.7K tCO2e/year; Scope 2: 27.2K 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
34.4K tCO2e/year
2023
Water Usage
236.2K kgal/year
2023
Waste
7.8K tons/year
2023
Energy Use
138.2K 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). | 6.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 27.2K 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 | 34.4K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installed 143 electric vehicle charging stations with 213 individual charging ports.
- Generated 1.5M kWh of solar energy.
- Removed 22,550 square feet of high-water usage turf and replaced it with drought-tolerant landscaping.
- Achieved an “A” disclosure score from GRESB for the second time.
- ENERGY STAR certified 6.2M SF and LEED certified 3.3M SF of space.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase installed electric vehicle charging stations by 20% by 2026.
📅 Medium-term
- 100% of eligible buildings to be ENERGY STAR certified annually by 2035.
- 100% of new construction and redevelopment projects to meet LEED certification upon completion by 2035.
- Reduce energy consumption by 10% by 2035.
- Reduce potable water consumption by 10% by 2035.
- Reduce Scope 1 and Scope 2 GHG emissions by 15% by 2035.
🔭 Long-term
- Achieve carbon neutrality for Scope 1 and Scope 2 emissions by 2035.
- Plant 100,000 trees.
🌱 ESG Focus Areas
Environmental SustainabilitySocial ResponsibilityCorporate Governance