Public Profile

Franklin Street Properties Corp

Franklin Street Properties Corp., often referred to as FSP, is a prominent real estate investment trust (REIT) headquartered in the United States. Established in 2003, the company has carved a niche in the commercial real estate sector, focusing primarily on the acquisition, development, and management of office and industrial properties across key markets in the U.S. With a robust portfolio that emphasises high-quality assets, Franklin Street Properties stands out for its strategic approach to property management and tenant relations. The firm has achieved significant milestones, including a successful public listing, which has solidified its position in the competitive REIT landscape. Known for its commitment to sustainability and operational excellence, FSP continues to enhance its market presence while delivering value to its investors and stakeholders.

DitchCarbon Score

How does Franklin Street Properties Corp'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.

28

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.

26

Industry Benchmark

Franklin Street Properties Corp's score of 28 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

Franklin Street Properties Corp's reported carbon emissions

In 2022, Franklin Street Properties Corp reported total carbon emissions of approximately 43,005,000 kg CO2e, comprising 1,317,000 kg CO2e from Scope 1 and 43,005,000 kg CO2e from Scope 2 emissions. This marked a slight increase in emissions compared to previous years, with 2021 emissions recorded at about 41,728,000 kg CO2e, including 1,166,000 kg CO2e from Scope 1 and 40,728,000 kg CO2e from Scope 2. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, it continues to monitor and report its emissions, reflecting a commitment to transparency in its climate impact. The absence of Scope 3 emissions data suggests a potential area for future focus as the company seeks to enhance its sustainability efforts.

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201720182019202020212022
Scope 1
-
000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
-
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Franklin Street Properties Corp's primary industry is Real estate services (70), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Franklin Street Properties Corp is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Franklin Street Properties Corp 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers