Welltower

Real Estate Holding & Development
WELL
$ 64 (1.5)%
Share price
$ 29 bn
Market Cap
$ 47 bn
Enterprise Value

Carbon footprint

11 Ton
GHG emissions per $ 1 mln investment
0.28x the weighted average for S&P 500
FY2021
How is this calculated?
+6.7%
YOY change in GHG emissions
Stronger than the +5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.2%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -7.1% weighted average for S&P 500
FY2022
How is this calculated?

Welltower aims to reduce all Scopes by 10% by 2025 from a base year 2018


This target has not been verified as science based according to SBTi
Welltower's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Welltower's GHG emissions (market-based) (Kt of CO2e)

Welltower's carbon footprint

Welltower reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 500 Kt (+31/+6.7% y-o-y).

Welltower's Scope 3 emissions declined to 349 Kt (-30 /-7.8% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-6.1% CAGR).

The company is committed to reducing all Scopes by 10% by 2025 from a base year 2018, which translates into the estimated reduction of -18 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Welltower also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. This target was approved using a streamlined target validation route exclusive to small and medium-sized enterprises (SMEs). https://sciencebasedtargets.org/faqs-for-smes/ Welltower Inc. commits to reduce scope 1 and scope 2 GHG emissions 28% by 2030 from a 2019 base year, and to measure and reduce its scope 3 emissions.

Company environmental metrics

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