American Tower

Retail REITs
AMT
$ 216 (1.7)%
Share price
$ 100 bn
Market Cap
$ 153 bn
Enterprise Value

Carbon footprint

7.4 Ton
GHG emissions per $ 1 mln investment
0.2x the weighted average for S&P 500
FY2021
How is this calculated?
-1.7%
YOY change in GHG emissions
Weaker than the +4.2% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

American Tower aims to reduce Scope 1 + 2 by 40% by 2035 from a base year 2019


<2°C
American Tower's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-2.5%
Proj. YOY change in GHG emissions (Scope 3)
Weaker than the -6% weighted average for S&P 500
FY2022
How is this calculated?

American Tower aims to reduce Scope 3 by 40% by 2035 from a base year 2019


<2°C
American Tower's actual and proj. GHG emissions (Scope 3) (Kt of CO2e)

GHG emissions and Carbon intensity

American Tower's GHG emissions (market-based) (Kt of CO2e)
American Tower's Carbon intensity (Tons per 1 USDm)

American Tower's carbon footprint

American Tower reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,123 Kt (-20 /-1.7% y-o-y). Also positively, carbon intensity tumbled to 120 t (-22 /-15.6% y-o-y).

American Tower's Scope 3 emissions plunged to 3,647 Kt (-210 /-5.5% y-o-y). This is a higher rate of decline than over the period since 4Q'19 (-2.9% CAGR).

The company is committed to reducing Scope 1 + 2 by 40% by 2035 from a base year 2019, which translates into the estimated reduction of -29 Kt per annum over the period of FY2022 - FY2035. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 40% by 2035 from a base year 2019, which translates into the estimated reduction of -90 Kt per annum over the period of FY2022 - FY2035. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Company environmental metrics

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