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 35 is higher than 97% 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 512,364,000 kg CO2e, comprising 12,000,000 kg CO2e from Scope 1, 16,774,000 kg CO2e from Scope 2 (market-based), and 512,364,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, committing to a 39% reduction in combined Scope 1 and 2 emissions per square metre by 2024, using 2018 as the baseline year. Additionally, Boston Properties aims to decrease Scope 3 emissions by 14% per square metre by 2025 from the same base year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. The company is also committed to achieving net-zero emissions across all scopes by 2050.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 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.