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.
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.
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.
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.
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 a minor contribution from Scope 3 emissions related to fuel and energy-related activities, amounting to 82,285 kg CO2e. Over the years, Columbia has demonstrated a commitment to reducing its carbon footprint. For instance, emissions in 2021 were about 2,035,156 kg CO2e, indicating a significant reduction in 2022. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further transparency in their climate commitments. Columbia Property Trust's emissions data reflects a broader industry trend towards sustainability, with many companies actively seeking to lower their carbon emissions in response to climate change. As the company continues to navigate its environmental impact, stakeholders will be keen to see future commitments and strategies aimed at further reducing emissions across all scopes.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.