UDR, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019, 2018

In its 2023 reporting, UDR, Inc. disclosed greenhouse gas emissions of 70.2K MT CO2e. By scope: Scope 1: 16.4K MT CO2e; Scope 2: 21.7K MT CO2e (Market-Based); Scope 3: 268.4K MT CO2e. 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
70.2K MT CO2e
2023
⚡
Renewable Energy
30%
of total energy
💧
Water Usage
2.7M kGal
2023
♻️
Waste
44.6K MT
2023
⚙️
Energy Use
204.6M MWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).16.4K MT CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.21.7K MT CO2e (Market-Based)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).268.4K MT CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202370.2K MT CO2e
202278.0K tCO2e/year (Scope 1+2 Market Based)
202142.5K tCO2e/year
202042.5K tCO2e/year (Scope 1 and 2 Market Based Combined)
201950.0K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Procure 35% of operationally controlled electricity through renewable energy sources by 2025.

📅 Medium-term

  • Reduce the Company’s operational controlled energy intensity by 20% between 2020 and 2035.
  • Reduce water consumption intensity by 10% between 2020 and 2035.
  • Increase the Company’s recycling diversion rate to 25% by 2035.

🔭 Long-term

  • Reduce GHG Scope 1 + 2 (Market Based) combined emissions intensity by 40% between 2020 and 2035.
  • Reduce GHG Scope 3 emissions intensity by 30% between 2020 and 2035.

🌱 ESG Focus Areas

Climate ChangeDiversity, Equity, and InclusionGovernanceAssociate Well-beingResident ExperienceResponsible Investing

⚠️ Challenges & Risks +

  • 8% increase in Scope 3 emissions intensity from 2020 to 2023.
  • 3% increase in water intensity from 2020 to 2023.
  • Challenges associated with obtaining emissions and activity data for leased assets (Scope 3).

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Universal Standards (2021), SASB standards (Real Estate), TCFD
Assurance: LRQA