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 32 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Columbia Property Trust's reported carbon emissions
In 2022, Columbia Property Trust reported total carbon emissions of approximately 1,504,023 kg CO2e. This figure includes 1,373,000 kg CO2e from Scope 1 emissions, 24,175,000 kg CO2e from Scope 2 emissions, and 82,285 kg CO2e from Scope 3 emissions related to fuel and energy-related activities. Over the years, Columbia has demonstrated a commitment to reducing its carbon footprint. For instance, in 2021, the total emissions were about 2,035,156 kg CO2e, indicating a significant reduction in emissions by approximately 26% from 2021 to 2022. The company has consistently reported emissions across all three scopes, showcasing transparency in its environmental impact. Despite the positive trend in emissions reduction, Columbia Property Trust has not publicly committed to specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi). The absence of formal reduction targets suggests that while the company is making strides in reducing emissions, there is potential for further commitment to structured climate action.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 632,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 35,105,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 6,732,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000 |
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 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.
