Brookfield Properties, a leading global real estate services company headquartered in the United States, has established itself as a prominent player in the commercial real estate industry since its founding in 2000. With a strong presence in major operational regions across North America, Europe, and Asia, the company focuses on developing, managing, and leasing high-quality office, retail, and multifamily properties. Renowned for its innovative approach to property management and development, Brookfield Properties offers a diverse portfolio that includes iconic urban developments and sustainable building practices. The company has achieved significant milestones, including recognition for its commitment to sustainability and community engagement. As a subsidiary of Brookfield Asset Management, it continues to solidify its market position through strategic acquisitions and a dedication to excellence in real estate services.
How does Brookfield 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 Real Estate 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.
Brookfield Properties's score of 24 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Brookfield Properties reported carbon emissions of approximately 6,822,000 kg CO2e for Scope 1 and 100,620,000 kg CO2e for Scope 3 in the UK. The company has set ambitious climate commitments, aiming for a 45% reduction in greenhouse gas emissions per square metre by 2025, compared to a benchmark development established in 2019. This target applies to both Scope 1 and Scope 2 emissions, with a commitment to power their assets with zero emissions electricity during the same timeframe. In previous years, Brookfield Properties has demonstrated a proactive approach to sustainability, with significant emissions reported in earlier years, including 26,698,000 kg CO2e in Scope 1 and 2 emissions in Australia for 2016. The company continues to focus on reducing its carbon footprint and enhancing its sustainability practices across its global operations.
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.
Brookfield Properties is not participating in any 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.