Sl Green Realty
SL Green Realty Corp., a leading real estate investment trust (REIT) based in the United States, has established itself as a prominent player in the commercial property sector since its founding in 1980. Headquartered in New York City, the company primarily focuses on acquiring, managing, and leasing office properties in Manhattan, making it a key contributor to the urban landscape. With a diverse portfolio that includes high-profile office buildings and mixed-use developments, SL Green Realty is renowned for its commitment to sustainability and innovative design. The firm has achieved significant milestones, including being the largest owner of commercial real estate in New York City, which underscores its strong market position. By prioritising tenant satisfaction and operational excellence, SL Green continues to set industry standards and drive growth in the competitive real estate market.
DitchCarbon Score
How does Sl Green Realty's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Sl Green Realty's score of 52 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sl Green Realty's reported carbon emissions
In 2023, SL Green Realty reported total Scope 3 emissions of approximately 433,971,000 kg CO2e. In 2022, the company disclosed Scope 1 emissions of about 3,969,800 kg CO2e and Scope 2 emissions of approximately 25,228,000 kg CO2e, resulting in combined Scope 1 and 2 emissions of about 29,197,800 kg CO2e. SL Green Realty has set ambitious climate commitments, aiming for a 50.4% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2031, using 2019 as the base year. Additionally, the company targets a 30% reduction in Scope 3 emissions from capital goods within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. The company is also participating in the New York City Mayor’s Carbon Challenge, committing to a 30% reduction in Scope 1 and Scope 2 emissions across 8 million square feet over a 10-year period, which began in 2018 and will conclude in 2028. Furthermore, SL Green has pledged to achieve carbon-neutral operations by 2050, aligning its portfolio with the Urban Land Institute’s Net Zero Carbon Operations goal. Overall, SL Green Realty is actively working towards significant emissions reductions and long-term sustainability goals, demonstrating a strong commitment to addressing climate change within the real estate sector.
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| 2016 | 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,813,000 | 00,000,000 | - | 0,000,000 | 0,000,000 | - |
| Scope 2 | 104,486,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | - |
| Scope 3 | - | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Sl Green Realty is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
