Achieve a Scope 1 and 2 GHG emissions Like-For-Like (“LFL”) reduction of 20% by the end of 2024 (2019 baseline).
41% LFL reduction in buildings owned 2019-2024.
Goal Category: Environmental Sustainability Goals
Progress (as of 12/31/2024)
Absolute Reduction
Achieve a 46% absolute reduction by 2030 (from a 2019 baseline) in line with the goals of the Paris Agreement.
26% absolute reduction since 2019.
Renewable Energy for 50%
Procure renewable energy for 50% of electricity used in landlord-controlled common areas in deregulated markets and maintain on an annual basis.
54% of electricity consumed in common areas in 2024 was from renewable sources.
LEDs and Smart Lighting
Upgrade to LEDs and smart lighting controls at substantially all assets with landlord-controlled parking lot lighting by the end of 2022.
100% completed at assets that we owned as of 2020.
Smart Irrigation
Install smart irrigation controls or replace irrigation with xeriscaping at substantially all assets with landlord-controlled irrigation by the end of 2022.
100% completed at assets that we owned as of 2020.