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.
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.
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.
Boston Properties's score of 41 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Boston Properties reported total greenhouse gas emissions of approximately 12000000 kg CO2e for Scope 1 and about 16774000 kg CO2e for Scope 2, alongside significant Scope 3 emissions of approximately 512364000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its combined Scope 1 and 2 emissions by 39% per square metre by 2024, using 2018 as the baseline year. Additionally, Boston Properties is targeting a 14% reduction in Scope 3 emissions per square metre by 2025, also from a 2018 baseline. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Boston Properties has also committed to achieving net-zero emissions across all scopes by 2050, demonstrating a long-term commitment to sustainability and climate action within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2016 | 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 | - | 000,000,000 | - | 000,000,000 | 000,000,000 |
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.
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.