Boston Properties Sustainability Profile
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 85% 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, 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. Notably, the company has set ambitious targets to achieve carbon-neutral operations by 2025, encompassing both Scope 1 and Scope 2 emissions. Boston Properties has committed to reducing GHG emissions intensity by 39% by 2024 from a 2018 baseline, with a long-term goal of achieving a 73.57% reduction per square metre by 2030. Additionally, they aim to reduce Scope 3 emissions by 14% per square metre by 2025. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainable practices within the real estate sector. The company has made substantial progress, achieving an 86% reduction in GHG emissions intensity to date, demonstrating their proactive approach to climate action. Boston Properties' climate commitments are crucial in addressing the broader industry context of reducing carbon footprints and promoting sustainability in real estate operations.
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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 |
How Carbon Intensive is Boston Properties's Industry?
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Boston Properties's Scope 3 Categories Breakdown
Boston Properties's Scope 3 emissions, which decreased by 30% last year and increased by approximately 222% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 79% of total emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 66% of Scope 3 emissions.
Top Scope 3 Categories
Boston Properties's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Boston Properties has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Boston Properties's sustainability data and climate commitments