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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 57 is higher than 75% 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 604,518 kg CO2e for Scope 1, 899,505 kg CO2e for Scope 2 (location-based), and 82,285 kg CO2e for Scope 3 emissions related to fuel and energy-related activities and waste generated in operations. This data reflects their commitment to transparency in emissions reporting, with a focus on both operational and indirect emissions. Comparatively, in 2021, the company recorded Scope 1 emissions of about 1,004,724 kg CO2e, Scope 2 emissions of 1,030,432 kg CO2e (location-based), and Scope 3 emissions of approximately 91,187 kg CO2e for fuel and energy-related activities. This indicates a significant reduction in Scope 1 emissions of about 400,206 kg CO2e from 2021 to 2022. Columbia Property Trust is part of a corporate family under Columbia Property Trust, Inc., which cascades its emissions data and climate initiatives from its parent company, Allianz SE. However, there are currently no specific reduction targets or climate pledges disclosed by Columbia Property Trust, indicating a potential area for future commitment. Overall, Columbia Property Trust's emissions data highlights their ongoing efforts to manage and reduce their carbon footprint, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.