Commercial, GHG Emissions - June 30, 2021
Public Storage Completes 11% Emissions Cut Over One Year
Public Storage announced June 29 that it reduced its energy consumption and carbon emissions by 13% and 11%, respectively, from 2019 and 2020.
The self-storage facilities provider achieved this goal through a collection of energy-saving initiatives such as LED lighting conversions at 306 properties and solar power installations at 11 properties in 2020. It is estimated that the use of recycled packaging material in 2020 also saved 8.8 million kWh of energy and prevented 2,200 tons of CO2 emissions.
The company is targeting a further 5% reduction of energy use and CO2 emissions in 2021 and is continuing to pursue its goal to convert all interior lighting at all properties to LED. In 2019, all exterior lighting at all properties was successfully converted.
Public Storage is also pursuing energy initiatives like replacing HVAC systems with efficient models, upgrading internal temperature band controls and implementing sensor-connected lighting. It hopes to expand onsite solar installations to an additional 1,000 properties over the next few years; by the end of 2020, 27 locations had solar and the company had contracts in place to add solar to 395 more properties.
“Our more than 2,600 properties and 5,400 employees are serving our customers and communities with a focus on transforming the customer experience through innovation, growing through acquisitions and development, and enhancing the resilience of our properties and our company,” CEO Joe Russell said in a statement. “We are pleased to share our progress, commitments, and outlook in the 2021 Sustainability Report.”