Public Storage today released its 2024 Sustainability Report. The report highlights the company's dedication to sustainability, while detailing the role of its diverse team and plans for fostering long-term resilience, growth, and value creation.
Highlights include:
- Setting a 45% reduction target for scope 1 and scope 2 greenhouse gas emissions by 2032
- More than doubling properties with solar power generation, with plans to reach 1,300 properties by 2025
- Continuing partnerships to deploy community solar to over 160 properties, with many providing affordable renewable energy to low and moderate-income households
- Being named a Nareit “Leader in the Light,” an award honoring companies that demonstrate outstanding sustainability practices
- Earning a second consecutive Great Place to Work Certification™, an award based entirely on what current employees say about their experience working at for an employer
- Completing the second year of Community Connects, the company's employee-driven community giving program, with grants to employee-selected non-profits
- Graduating its first participants in Preparing the Path, the company's leadership accelerator program
- Leading the U.S. self-storage REIT peer group across most primary sustainability benchmarks
“Our 6,200 team members leverage their unique backgrounds to drive innovation, create value, and solidify our position as a global leader in sustainable self-storage operations,” said Joe Russell, Chief Executive Officer. “We are pleased to share our progress, commitments, and outlook in the 2024 Sustainability Report.”
The report is available in the Sustainability section of the Public Storage website.