Columbia Property Trust
Columbia Property Trust, Inc. is a prominent real estate investment trust (REIT) headquartered in the United States, with a strong presence in major urban markets such as New York, San Francisco, and Washington, D.C. Founded in 1994, the company has established itself as a leader in the acquisition, development, and management of high-quality office properties, focusing on sustainable and innovative design. Columbia Property Trust is renowned for its commitment to creating value through strategic investments in prime locations, offering a diverse portfolio that includes both traditional office spaces and modern, flexible work environments. The company’s emphasis on sustainability and tenant satisfaction sets it apart in the competitive real estate landscape. With a solid market position and a track record of notable achievements, Columbia Property Trust continues to shape the future of urban real estate.
DitchCarbon Score
How does Columbia Property Trust'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
Columbia Property Trust's score of 57 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Columbia Property Trust's reported carbon emissions
In 2022, Columbia Property Trust reported total carbon emissions of approximately 31,359,000 kg CO2e. This figure includes Scope 1 emissions of about 1,699,000 kg CO2e, Scope 2 emissions of approximately 25,701,000 kg CO2e, and Scope 3 emissions of around 3,959,000 kg CO2e. The company has shown a commitment to transparency in its emissions reporting, disclosing data across all three scopes. Columbia Property Trust's emissions data is cascaded from its parent company, Columbia Property Trust, Inc., which is part of a corporate family relationship with Allianz SE. However, there are currently no specific reduction targets or climate pledges outlined in their initiatives. The company has demonstrated a consistent approach to emissions management, with previous years' data indicating a focus on reducing Scope 2 emissions, which have been a significant portion of their total emissions. For instance, in 2020, Scope 2 emissions were reported at approximately 25,454,000 kg CO2e, while Scope 1 and Scope 3 emissions were 524,000 kg CO2e and 6,566,000 kg CO2e, respectively. Overall, Columbia Property Trust is actively engaged in monitoring and reporting its carbon footprint, aligning with industry standards for climate accountability.
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| 2018 | 2019 | 2020 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 632,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 35,105,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 6,732,000 | 00,000,000 | 0,000,000 | 0,000,000 |
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.
Columbia Property Trust 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.
