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 63 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Brookfield Properties reported total carbon emissions of approximately 14,326,700 kg CO2e. This figure includes Scope 1 emissions of about 6,130 kg CO2e, Scope 2 emissions of approximately 5,244,940 kg CO2e (with a market-based approach accounting for about 1,793,000 kg CO2e), and significant Scope 3 emissions totalling around 9,075,630 kg CO2e, which includes business travel emissions of about 11,182,000 kg CO2e. In 2023, the company recorded total emissions of about 14,825,590 kg CO2e, with Scope 1 emissions at approximately 9,560 kg CO2e, Scope 2 emissions of around 5,279,870 kg CO2e, and Scope 3 emissions of about 9,536,160 kg CO2e. Brookfield Properties has committed to establishing Science-Based Targets for its portfolio, aiming for a 74% reduction in Scope 1 and Scope 2 emissions by 2030, with targets submitted for validation to the Science-Based Targets Initiative (SBTi). Additionally, the company aims for a 50% reduction in emissions from assets under management by 2030, as part of its net-zero ambitions. The company has made strides in emissions reduction, with NorthRiver reporting a 15% absolute emissions reduction compared to 2020, alongside a 30% reduction in emissions intensity. These initiatives reflect Brookfield Properties' commitment to sustainability and climate action within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 358,000 | 0,000,000 | 0,000 | 0,000 |
Scope 2 | 1,914,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 4,527,000 | 00,000,000 | 0,000,000 | 0,000,000 |
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.
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.