Highwoods Properties
Highwoods Properties, Inc., a prominent player in the real estate investment trust (REIT) sector, is headquartered in the United States. Founded in 1994, the company has established a strong presence in key operational regions, including the Southeast and Mid-Atlantic areas. Specialising in the development, acquisition, and management of office and mixed-use properties, Highwoods Properties is recognised for its commitment to creating high-quality, sustainable environments that enhance tenant experiences. With a diverse portfolio that includes premier office spaces and strategically located retail properties, Highwoods Properties stands out for its focus on innovation and customer service. The company has achieved notable milestones, including consistent recognition for its operational excellence and sustainability initiatives. As a leader in the commercial real estate market, Highwoods Properties continues to shape urban landscapes while delivering value to its stakeholders.
DitchCarbon Score
How does Highwoods Properties'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
Highwoods Properties's score of 30 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Highwoods Properties's reported carbon emissions
In 2023, Highwoods Properties reported total carbon emissions of approximately 120,173,000 kg CO2e, comprising about 1,929,000 kg CO2e from Scope 1 and approximately 118,244,000 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2022, where emissions were about 121,704,000 kg CO2e, with Scope 1 emissions at approximately 2,247,000 kg CO2e and Scope 2 emissions at around 119,457,000 kg CO2e. Over the years, Highwoods has demonstrated a commitment to reducing its carbon footprint. In 2021, the company reported total emissions of about 131,191,000 kg CO2e, which indicates a positive trend towards emission reduction. However, there are currently no specific reduction targets or initiatives disclosed, such as Science-Based Targets Initiative (SBTi) commitments or documented climate pledges. Highwoods Properties continues to focus on sustainability within the real estate sector, aligning with industry standards for climate action. The company’s emissions data reflects its ongoing efforts to manage and reduce its environmental impact, although further commitments and targets would enhance its climate strategy.
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| 2016 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,991,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 168,930,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| 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.
Highwoods Properties 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.
