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 54 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 2024, Columbia Property Trust reported total carbon emissions of approximately 38,359 kg CO2e, comprising 15,516 kg CO2e from Scope 1, 10,185 kg CO2e from Scope 2, and 12,658 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, including all three scopes. In previous years, Columbia's emissions in the US were significantly higher. For instance, in 2021, the company reported 1,699,000 kg CO2e in Scope 1, 25,701,000 kg CO2e in Scope 2, and 2,181,000 kg CO2e in Scope 3. This indicates a substantial reduction in emissions over the years, particularly in Scope 1 and Scope 2 categories. Columbia Property Trust is a current subsidiary of Columbia Property Trust, Inc., and its emissions data is cascaded from this parent organisation. The company is aligned with broader climate initiatives, inheriting targets from Allianz SE, which is its ultimate parent company. However, specific reduction targets or commitments, such as those from the Science Based Targets initiative (SBTi), have not been disclosed. Overall, Columbia Property Trust demonstrates a commitment to transparency in its emissions reporting and is part of a larger corporate family that prioritises sustainability.
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| 2019 | 2020 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,452,000 | 0,000,000 | 00,000 |
| Scope 2 | 30,001,000 | 00,000,000 | 00,000 |
| Scope 3 | 6,655,000 | 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 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.
