Douglas Emmett, Inc., a prominent player in the real estate services industry, is headquartered in the United States. Founded in 2006, the company has established a strong presence in key markets, particularly in California and Hawaii, focusing on the acquisition, development, and management of high-quality office and multifamily properties.
Specialising in real estate investment and property management, Douglas Emmett is recognised for its unique approach to creating value through strategic asset management and a commitment to sustainability. The firm has achieved notable milestones, including a robust portfolio that reflects its market leadership and dedication to excellence. With a reputation for delivering exceptional service and innovative solutions, Douglas Emmett continues to set benchmarks in the real estate sector.
-13 vs industry average
Douglas Emmett’s score of 15 is lower than 28% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Douglas Emmett's reported carbon emissions
Douglas Emmett, a US-based real estate services company, reported its carbon emissions for the fiscal years 2020, 2021, 2022, and 2023.
In 2023, Douglas Emmett reported approximately 6.77 million kg CO2e in Scope 1 emissions and approximately 53.19 million kg CO2e in Scope 2 emissions, bringing the combined total for these scopes to approximately 59.96 million kg CO2e. This represents a slight increase from 2022, when Scope 1 emissions were approximately 6.60 million kg CO2e and Scope 2 emissions were about 52.03 million kg CO2e, for a combined total of approximately 58.63 million kg CO2e.
In 2021, the company's Scope 1 emissions totalled approximately 7.05 million kg CO2e and Scope 2 emissions were about 46.80 million kg CO2e, with a combined figure of approximately 53.85 million kg CO2e. In 2020, Douglas Emmett reported approximately 5.96 million kg CO2e for Scope 1 and approximately 53.66 million kg CO2e for Scope 2, leading to a combined total of around 59.29 million kg CO2e.
Douglas Emmett does not currently report Scope 3 emissions, with noted missing data points for purchased goods and services, and capital goods.
The company has set climate commitments, including a target to reduce its per square foot electricity usage by an additional 10% by 2029, relative to a 2019 baseline. This initiative aims to reduce indirect air emissions from utility suppliers and applies to both Scope 1 and Scope 2 emissions.
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Douglas Emmett’s Climate Goals (2030 & 2050)
2 goals2029
10% reduction in Scope 2
We expect to reduce the indirect air emissions from our utility suppliers by reducing our per square foot electricity usage by an additional…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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