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 74% 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 1,504,023 kg CO2e from Scope 1 and Scope 2 combined. This includes 604,518 kg CO2e from Scope 1, primarily from stationary combustion, and 899,505 kg CO2e from Scope 2 emissions, with a negligible market-based total of 2,247 kg CO2e. Additionally, Scope 3 emissions were recorded at about 82,285 kg CO2e, which includes 2,109 kg CO2e from waste generated in operations. Globally, Columbia Property Trust's emissions for 2022 were significantly higher, with Scope 1 emissions at approximately 1,373,000 kg CO2e, Scope 2 at about 24,175,000 kg CO2e, and Scope 3 at around 3,959,000 kg CO2e. This data reflects a corporate family relationship, with emissions data cascaded from the parent company, Columbia Property Trust, Inc. Despite the substantial emissions figures, Columbia Property Trust has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company is part of a broader industry context where many real estate firms are increasingly focusing on sustainability and carbon reduction, but specific commitments from Columbia Property Trust remain unclear.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 2,452,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 30,001,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 6,655,000 | 0,000,000 | 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.
