- Transition from seven different property management companies to LPC.
- Data quality issues in previous years.
- Evolving tenant needs and preferences.
- Economic uncertainties and market fluctuations in the US commercial real estate market.
Prime US REIT
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Prime US REIT disclosed greenhouse gas emissions of 24.4K tCO2e/year. By scope: Scope 1: 1.0K tCO2e/year; Scope 2: 23.2K 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
24.4K tCO2e/year
2023
Water Usage
138 ML/year
2023
Waste
1.2K tons/year
2023
Energy Use
67.9K 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). | 1.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 23.2K 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 | 24.4K tCO2e/year |
| 2022 | 22.3K tCO2e (2022) |
| 2020 | 24.4K tonnes CO2e (Scope 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 86% of properties showed improved ENERGY STAR scores compared to the prior year.
- Achieved UL Verified Healthy Building Mark for all 14 properties.
- Total GHG emissions decreased by 8.0% compared to the prior year.
- Total energy consumption decreased by 8.6% compared to the prior year.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve ENERGY STAR certification for all eligible properties by FY2025.
- Have EV charging available at all properties by FY2025.
🌱 ESG Focus Areas
Environmental ImpactDiversity and InclusionHealth, Safety and Satisfaction of StakeholdersCorporate Governance, Compliance & EthicsEconomic Sustainability