Douglas Emmett
Douglas Emmett, Inc., a prominent player in the real estate investment trust (REIT) sector, is headquartered in the United States, with a strong operational presence in key markets such as Los Angeles and Honolulu. Founded in 2006, the company has established itself as a leader in the acquisition, development, and management of high-quality office and multifamily properties. Specialising in premier office spaces and luxury residential communities, Douglas Emmett distinguishes itself through its strategic focus on prime locations and exceptional tenant experiences. The firm has achieved notable milestones, including a robust portfolio that reflects its commitment to sustainability and innovation in property management. With a reputation for excellence, Douglas Emmett continues to solidify its market position, making significant contributions to the real estate landscape.
DitchCarbon Score
How does Douglas Emmett'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
Douglas Emmett's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Douglas Emmett's reported carbon emissions
In 2023, Douglas Emmett reported total carbon emissions of approximately 67,730,000 kg CO2e, comprising 6,773,000 kg CO2e from Scope 1 and 53,189,000 kg CO2e from Scope 2 emissions. This represents a slight increase from 2022, where total emissions were about 66,020,000 kg CO2e, with Scope 1 emissions at 6,602,000 kg CO2e and Scope 2 emissions at 52,027,000 kg CO2e. The company has set ambitious reduction targets, aiming to decrease its indirect air emissions from utility suppliers by 10% per square foot of electricity usage by 2029. This target applies to both Scope 1 and Scope 2 emissions, reflecting a commitment to improving energy efficiency and reducing reliance on fossil fuels. In the US, Douglas Emmett's emissions for 2022 were reported at approximately 45,543,000 kg CO2e, with Scope 2 emissions accounting for 38,941,000 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its operations. Overall, Douglas Emmett's climate commitments and reduction initiatives demonstrate a proactive approach to managing its carbon footprint, aligning with industry standards for sustainability and environmental responsibility.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 5,960,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 53,660,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
Douglas Emmett 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.
