Brookfield Properties
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Brookfield Properties's score of 30 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Brookfield Properties's reported carbon emissions
In 2023, Brookfield Properties reported carbon emissions of approximately 106,840,000 kg CO2e, comprising 6,822,000 kg CO2e from Scope 1 and 100,620,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the baseline year. This target also extends to Scope 3 emissions, reflecting a comprehensive approach to their carbon footprint. In previous years, Brookfield Properties has demonstrated a commitment to sustainability, with significant emissions reported in 2019, where Scope 1 emissions were 6,167,000 kg CO2e, Scope 2 emissions (market-based) were 12,437,000 kg CO2e, and Scope 3 emissions reached 67,814,000 kg CO2e. The company’s initiatives align with industry standards, including the Science Based Targets initiative (SBTi), which validates their reduction targets as consistent with limiting global warming to 1.5°C. Brookfield Properties is actively working towards these goals, with a long-term vision to achieve net-zero emissions by 2050, further solidifying its commitment to environmental stewardship in the real estate sector.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 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.
