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Boston Properties, Inc., a leading name in the membership organisation services sector, is headquartered in the United States. Founded in 1970, the company has established a strong presence in major operational regions, including Boston, San Francisco, and Washington, D.C. Specialising in the development, ownership, and management of high-quality office spaces, Boston Properties is recognised for its commitment to sustainability and innovative design.
With a diverse portfolio that includes iconic properties and mixed-use developments, the company stands out for its focus on creating vibrant urban environments. Boston Properties has achieved notable milestones, including being one of the largest publicly traded real estate investment trusts (REITs) in the United States. Its strategic approach and dedication to excellence have solidified its position as a market leader in the commercial real estate industry.
+28 vs industry average
Boston Properties’s score of 55 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Membership Services has below-average carbon intensity
The Membership Services industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Boston Properties reported total emissions of approximately 450.8 million kg CO2e in 2024. This included about 12.6 million kg CO2e from Scope 1, 80.5 million kg CO2e from Scope 2 (location-based), and 357.6 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions were downstream leased assets (approximately 79.1 million kg CO2e), and fuel and energy-related activities (around 38.1 million kg CO2e).
The company has set several climate commitments. Boston Properties aims to achieve carbon-neutral operations, or net-zero carbon dioxide equivalent emissions, by 2025, covering direct and indirect Scope 1 and Scope 2 emissions associated with actively managed office buildings. They officially achieved this goal as of 31 December 2024.
Additionally, Boston Properties has a Science Based Target initiative (SBTi) commitment to reduce Scope 1 and 2 GHG emissions by 73.57% per m2 by 2030 from a 2018 base year. They also commit to reducing Scope 3 GHG emissions from purchased goods and services and downstream leased assets by 58.14% per m2 within the same timeframe. Earlier SBTi targets, set from a 2018 base year, included reducing combined Scope 1 and 2 GHG emissions by 39% per m2 by 2024, and Scope 3 GHG emissions by 14% per m2 by 2025.
2030
73.57% reduction in Scope 1
BXP commits to reduce scope 1 and 2 GHG emissions 73.57% per m2 by 2030 from a 2018 base year.
2030
73.57% reduction in Scope 2
BXP commits to reduce scope 1 and 2 GHG emissions 73.57% per m2 by 2030 from a 2018 base year.
2030
58.14% reduction in scope 3 total
BXP commits to reduce scope 3 GHG emissions from purchased goods and services and downstream leased assets 58.14% per m2 by 2030 from a 2018…
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PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Common questions about Boston Properties’s sustainability data and climate commitments
Data year: 2024
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