Boston Properties
Boston Properties, Inc., a leading real estate investment trust (REIT), is headquartered in the United States and primarily operates in major metropolitan regions such as Boston, New York, San Francisco, and Washington, D.C. Founded in 1970, the company has established itself as a prominent player in the commercial real estate sector, focusing on the development, ownership, and management of high-quality office spaces and mixed-use properties. With a portfolio that includes iconic buildings and sustainable developments, Boston Properties is recognised for its commitment to innovation and environmental stewardship. The company has achieved notable milestones, including being one of the largest publicly traded developers in the U.S. Its strategic positioning in key urban markets and dedication to excellence have solidified its reputation as a trusted leader in the industry.
DitchCarbon Score
How does Boston Properties'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.
Industry Average
Mean score of companies in the Membership Services 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.
Industry Benchmark
Boston Properties's score of 46 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Boston Properties's reported carbon emissions
In 2023, Boston Properties reported total greenhouse gas emissions of approximately 60,000,000 kg CO2e, comprising Scope 1 emissions of about 12,000,000 kg CO2e, Scope 2 emissions of approximately 16,774,000 kg CO2e (market-based), and Scope 3 emissions reaching around 512,364,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce combined Scope 1 and 2 GHG emissions by 39% per square metre by 2024, using 2018 as the base year. Additionally, Boston Properties targets a 14% reduction in Scope 3 emissions per square metre by 2025 from the same base year. The company is committed to long-term sustainability, with a net-zero target set for all scopes by 2050. Recent initiatives include a near-term target to reduce Scope 1 and 2 emissions by 73.57% per square metre by 2030, alongside a significant reduction of 58.14% in Scope 3 emissions from purchased goods and services and downstream leased assets within the same timeframe. These commitments align with industry standards and reflect Boston Properties's dedication to addressing climate change and reducing its carbon footprint.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 10,839,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 235,358,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 246,197,000 | 000,000,000 | - | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Boston Properties is committed to some reduction initiatives 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.
