Primary Climate Goal
Welltower's target annual all Scopes emissions for 2025 should be equal to 775 Kt = 10% * 861 Kt, according to the company's stated climate goal.
In order to achieve this goal, Welltower would need to reduce its emissions at least by -14 Kt per annum over the period from 2021 to 2025:
-14 Kt = ( 775 Kt - 847 Kt ) / (2025 - 2020)
This translates into a -1.7% reduction in 2021.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Welltower aims to reduce all Scopes by 10% by 2025 from a base year 2018
Science Based Targets initiative
GHG emissions and Carbon intensity
Welltower reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 469 Kt (-37 /-7.3% y-o-y).
Welltower's Scope 3 emissions decreased to 378 Kt (
The company is committed to reducing all Scopes by 10% by 2025 from a base year 2018, which translates into the estimated reduction of -14 Kt per annum over the period of FY2021 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.