Starwood Property Trust, often referred to as STWD, is a leading real estate investment trust (REIT) headquartered in Great Britain. Founded in 2009, the company has established a strong presence in the commercial real estate sector, focusing on originating, acquiring, and managing a diverse portfolio of real estate-related investments. With significant operations across the United States and Europe, Starwood Property Trust excels in providing financing solutions for various property types, including multifamily, commercial, and hospitality assets. Its unique approach combines extensive market knowledge with innovative financial strategies, positioning the firm as a key player in the industry. Notable achievements include a robust market position and a commitment to delivering consistent returns to investors, making Starwood Property Trust a trusted name in real estate investment.
How does Starwood Property Trust's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Starwood Property Trust's score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Starwood Property Trust reported total carbon emissions of approximately 4,000,000 kg CO2e. This figure includes Scope 1 emissions of about 2,022,000 kg CO2e and Scope 2 emissions of approximately 1,045,000 kg CO2e. Additionally, Scope 3 emissions accounted for around 2,865,000 kg CO2e, with significant contributions from employee commuting (about 1,890,000 kg CO2e) and business travel (approximately 655,000 kg CO2e). Despite the substantial emissions, Starwood Property Trust has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company does not appear to have cascaded any Science-Based Targets Initiative (SBTi) commitments or other climate pledges from a parent organisation, as all data is reported directly from Starwood Property Trust, Inc. As a key player in the real estate investment sector, Starwood Property Trust's emissions profile reflects the broader industry challenges in addressing climate change. The absence of defined reduction targets highlights an opportunity for the company to enhance its sustainability commitments and align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 2,022,000 |
Scope 2 | 1,045,000 |
Scope 3 | 2,707,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Starwood Property Trust is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.