American Tower

"American Tower's net zero target is to reduce its Scope 1, Scope 2, and Scope 3 emissions by at least 40% by 2035 compared to a 2019 baseline. Net Zero Tracker
This target has been approved by the Science Based Targets initiative. Net Zero Tracker
An interesting fact about their environmental policy is that they have adopted science-based targets across their global operations and supply chain, aligning with the goals set forth in the 2015 Paris Agreement. Net Zero Tracker
However, they do not have a publicly available plan that outlines the steps towards achieving this target. Net Zero Tracker …"

Current Score (vs. LY)

38.1 pts (-2.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #111

S&P100: #76

Real Estate: #2

51.7%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

25.1%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

41.7%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 636,157635,108680,335
Scope 2 - location-based 494,760517,211558,568
Scope 2 - market-based 486,410507,304520,653
Scope 1-2 - location-based 1,130,9171,152,3191,238,903
Scope 1-2 - market-based 1,122,567 1,142,412 1,200,988
Scope 3 3,647,1983,857,5493,983,542
Total - location-based 4,778,1155,009,8685,222,445
Total - market-based 4,769,765 4,999,961 5,184,530

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 2,093,4994,769,765
Methodology Pre-calculated sector intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

American Tower belongs to the sector Real Estate.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 40.0 2019 2035
S3 40.0 2019 2035

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

There is no net zero target recorded in our database. Email us to report missing information Email


Science-based Targets (SBTI)

Date Published / Updated :01/10/2021

Near-term Long-Term Net Zero Standard
Targets Set : Well-below 2°C by 2035 No target No

American Tower Corporation commits to reduce absolute scope 1, 2 and 3 GHG emissions 40% by 2035 from a 2019 base year.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for American Tower by zerotracker.net: Aug. 6, 2022
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Not Specified

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 5.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 2.5 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 0.0
Transparency 15.5 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 2.557748700713887 10.0 0.0
7 Targets are science-based as validated by SBTi 7.5 10.0 0.0
Commitments 10.057748700713887 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 5.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 7.5 10.0 -2.5
Results 12.5 30.0 -2.5
Total 38.1 100.0 -2.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 0.0 0.0 0.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? partly 2.5 / 5.0 2.5 0.0 2.5
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 8.0 0.0 8.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 0.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? 2035 0.0 / 3.0 0.0 0.0 0.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 2.6
2.6 / 5.0 2.6 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set Well-below 2°C 7.5 / 10.0 7.5 0.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 5.0
Actual (in %): 6.5
5.0 / 5.0 5.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %): 2.6
Actual (in %): 1.7
0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.6°C 7.5 / 10.0 10.0 -2.5 5.0
Total 38.1 / 100.0 40.6 -2.5 20.5


Available Data Sources

Reporting Year 2021 2021 2020 2020 2020 2019 2019 2019 2019 2018 2018
Source Public Yourstake Public CDP Public Public CDP Public CDP Public CDP
Publication Year 2022 2022 2022 2021 2022 2022 2021 2021 2020 2021 2020
Scope 1 636,157 636,157 635,108 596,969 NA 680,335 646,528 556,281 556,281 615,347 615,347
Scope 2 - location-based 494,760 494,760 517,211 30,736 NA 558,568 6,736 0 1,780,621 0 1,796,960
Scope 2 - market-based 486,410 486,410 507,304 NA NA 520,653 NA 1,780,621 0 1,796,960 0
Scope 1-2 - location-based 1,130,917 1,130,917 1,152,319 627,705 0 1,238,903 653,264 556,281 2,336,902 615,347 2,412,307
Scope 1-2 - market-based 1,122,567 1,122,567 1,142,412 NA NA 1,200,988 NA 2,336,902 NA 2,412,307 NA
Scope 3 3,647,198 3,647,198 3,857,549 3,582,432 0 3,983,542 0 0 0 0 0
Total - location-based 4,778,115 4,778,115 5,009,868 4,210,137 0 5,222,445 653,264 556,281 2,336,902 615,347 2,412,307
Total - market-based 4,769,765 4,769,765 4,999,961 NA NA 5,184,530 NA 2,336,902 NA 2,412,307 NA

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

© Vincent Manier - September 2021 About us . Keep in touch . Blog