Boston Properties

Boston Properties's reported carbon emissions

## Boston Properties: Carbon Emissions and Climate Commitments Boston Properties (BXP), a membership organisation services company headquartered in the US, is actively engaged in addressing its carbon footprint. **2024 Emissions Data:** In 2024, Boston Properties reported total greenhouse gas emissions of approximately **401.2 million kg CO2e**. This figure is comprised of: * **Scope 1:** Approximately 12.6 million kg CO2e * **Scope 2:** Approximately 80.5 million kg CO2e (location-based) * **Scope 3:** Approximately 357.6 million kg CO2e, with the largest contributions from downstream leased assets (approximately 236 million kg CO2e) and fuel and energy-related activities (approximately 38.1 million kg CO2e). **Key Climate Commitments and Targets:** Boston Properties has set ambitious climate goals, demonstrating a commitment to sustainability: * **Carbon Neutral Operations:** The company has committed to achieving carbon-neutral operations, defined as net-zero carbon dioxide equivalent emissions, by **2025**. This commitment encompasses direct and indirect Scope 1 and Scope 2 emissions from actively managed office buildings. As of December 31, 2024, BXP has officially achieved this goal. * **Intensity Reduction Targets:** * A commitment to reduce Scope 1 and Scope 2 greenhouse gas emissions intensity by **39% per m² by 2024**, against a 2018 baseline. * A further commitment to reduce Scope 1 and Scope 2 GHG emissions intensity by **73.57% per m² by 2030**, from a 2018 base year. * Additionally, BXP has committed to reducing Scope 3 GHG emissions from purchased goods and services and downstream leased assets by **58.14% per m² by 2030**, from a 2018 base year. * **Scope 3 Emissions:** Boston Properties has also set a target to reduce Scope 3 GHG emissions by **14% per m² by 2025**, from a 2018 base year. Boston Properties's reporting indicates a proactive approach to managing and reducing its environmental impact, with specific targets aligned with industry standards and a clear aim for carbon neutrality.