Extra Space Storage Unveils Comprehensive 2025 Sustainability Report
SALT LAKE CITY, June 23, 2026 - Extra Space Storage, Inc. (NYSE: EXR), a leading self-administered and managed Real Estate Investment Trust (REIT), recently published its 2025 Sustainability Report. This document marks an important milestone, concluding a sustainability goal cycle established back in 2018. It reflects the company's commitment to corporate responsibility across critical areas, including environmental sustainability, workplace culture, corporate governance, and portfolio resilience for the long term.
In a statement highlighting the company's direction,
CEO Joe Margolis expressed, "Our core values of integrity, excellence, innovation, teamwork, and passion remain our compass as we invest in our people and our properties, ensuring long-term shareholder value in the future."
This year’s report presents key achievements that demonstrate Extra Space Storage’s dedication to sustainability. Below are some highlights:
Renewable Energy Expansion: The company invested a remarkable $30 million in solar installations throughout the year, bringing its total solar energy production to approximately 68.6 GWh, marking a significant step towards cleaner energy consumption.
Emissions Reductions: Extra Space has succeeded in achieving a
15% decrease in greenhouse gas (GHG) emissions per square foot across its extensive portfolio. Impressively, the company maintains a carbon footprint that is
82% lower than the average in the real estate sector.
Industry Recognition: The company has been honored as one of "America's Climate Leaders" by USA Today and received an A rating for its GRESB disclosure, which is a testament to its commitment to sustainable practices.
Top-Tier Workplace Culture: Forbes recognized Extra Space Storage as one of
"America's Best Companies," supported by an outstanding
4.2 out of 5 star rating on Glassdoor, showcasing the positive work environment and culture supported by the organization.
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Customer Excellence: With a robust
91% overall customer satisfaction score, the company continues to prioritize its customers, ensuring a high-quality experience across its nationwide facilities.
The full 2025 Sustainability Report, along with additional governance documents, is accessible on Extra Space's investor relations website:
link to report.
About Extra Space Storage Inc.
Headquartered in Salt Lake City, Utah, Extra Space Storage Inc. stands as a prominent self-administered and managed REIT, also being a member of the
S&P 500. As of March 31, 2026, the company operates
4,344 self-storage stores across
42 states and Washington, D.C., encompassing around
3.0 million units and approximately
335.6 million square feet of rentable space under the Extra Space brand. It is currently the largest operator of self-storage properties in the United States, offering customers a variety of secure storage unit options, including boat storage, RV storage, and business storage.