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 72 is higher than 92% 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 2024, Boston Properties reported total carbon emissions of approximately 12637000 kg CO2e for Scope 1, 80545000 kg CO2e for Scope 2 (location-based), and 357644000 kg CO2e for Scope 3 emissions. This represents a significant portion of their overall emissions profile, with Scope 3 emissions being the largest contributor. In 2023, the company recorded emissions of about 12000000 kg CO2e (Scope 1), 80634000 kg CO2e (Scope 2), and 512364000 kg CO2e (Scope 3), indicating a slight reduction in Scope 1 and 2 emissions year-on-year. Boston Properties has set ambitious climate commitments, aiming for carbon-neutral operations by 2025, which includes both Scope 1 and Scope 2 emissions. They have achieved an 86% reduction in GHG emissions intensity since 2008 and are targeting a 45% reduction in GHG emissions intensity by 2025 from a 2008 baseline. Additionally, they aim to reduce combined Scope 1 and 2 GHG emissions by 39% per square metre by 2024 and Scope 3 emissions by 14% per square metre by 2025, both from a 2018 base year. The company has also committed to long-term targets, including a 73.57% reduction in Scope 1 and 2 emissions per square metre by 2030 from the same 2018 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect Boston Properties' commitment to sustainable practices within the real estate sector.
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| 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 10,839,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 235,358,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 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.
