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 51 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Boston Properties's reported carbon emissions
In 2023, Boston Properties reported total carbon emissions of approximately 512,364,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 512,364,000 kg CO2e. The breakdown includes 12,000,000 kg CO2e from Scope 1 and 16,774,000 kg CO2e from Scope 2 (market-based). The company has made substantial commitments to reduce its carbon footprint, aiming for a 39% reduction in combined Scope 1 and 2 emissions per square metre by 2024, using 2018 as a baseline. Additionally, Boston Properties is targeting a 14% reduction in Scope 3 emissions per square metre by 2025. The company has also committed to achieving carbon-neutral operations by 2025, which aligns with its broader sustainability goals. Notably, Boston Properties has already achieved an 86% reduction in GHG emissions intensity since 2008, demonstrating its proactive approach to climate action. These initiatives reflect Boston Properties's dedication to addressing climate change and reducing its environmental impact within the real estate sector.
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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 participating in some 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.
