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 21 is lower than 92% 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. Notably, there were no reported emissions for Scope 2 in this region. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any climate pledges. In previous years, Brookfield Properties demonstrated significant emissions, with 2019 figures showing 6,167,000 kg CO2e for Scope 1, 12,437,000 kg CO2e for Scope 2 (market-based), and 67,814,000 kg CO2e for Scope 3 globally. The company has been actively monitoring its emissions across various scopes, although specific reduction strategies have not been detailed. Overall, while Brookfield Properties has made strides in tracking its carbon footprint, the absence of defined reduction targets highlights an area for potential improvement in their climate commitments.
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 committed to any 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.