Equity Commonwealth
Equity Commonwealth, a prominent real estate investment trust (REIT), is headquartered in the United States and primarily operates across major urban markets. Founded in 2015, the company has quickly established itself in the commercial real estate sector, focusing on the acquisition and management of high-quality office properties. Equity Commonwealth is distinguished by its commitment to sustainability and innovation, offering a portfolio that prioritises environmentally responsible practices. The firm’s strategic approach to property management and development has garnered recognition, positioning it as a leader in the industry. With a strong emphasis on tenant satisfaction and operational efficiency, Equity Commonwealth continues to achieve notable milestones, reinforcing its reputation as a trusted name in the real estate market.
DitchCarbon Score
How does Equity Commonwealth'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
Equity Commonwealth's score of 26 is higher 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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Equity Commonwealth's reported carbon emissions
Equity Commonwealth, headquartered in the United States, has set ambitious climate commitments aimed at reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets for its operational emissions. Equity Commonwealth is committed to achieving net-zero carbon emissions by 2050 for Scope 1 and Scope 2 emissions, aligning with the Urban Land Institute (ULI) Greenprint commitment. This long-term goal reflects the company's dedication to sustainability and responsible real estate management. In the near term, Equity Commonwealth has pledged to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% per square foot by 2030, using 2013 as the baseline year. This target is consistent with the reductions necessary to limit global warming to well below 2°C, as outlined by the Science Based Targets initiative (SBTi). These commitments underscore Equity Commonwealth's proactive approach to addressing climate change and its intention to lead in the real estate sector's transition towards a more sustainable future.
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.
Equity Commonwealth is participating in some 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.
