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 38 is higher than 92% 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 2024, Highwoods Properties reported total carbon emissions of approximately 123,985,000 kg CO2e, comprising 2,479,700 kg CO2e from Scope 1 and 121,505,300 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2023, where total emissions were about 126,176,000 kg CO2e, with Scope 1 emissions at 2,523,520 kg CO2e and Scope 2 emissions at 123,652,480 kg CO2e. Highwoods Properties has set ambitious climate commitments, aiming for a 50% reduction in greenhouse gas (GHG) emissions intensity by 2030, using a 2016 baseline. This target applies to both Scope 1 and Scope 2 emissions, reflecting the company's commitment to sustainability and carbon neutrality. The company is actively evaluating green power supply options to assess the financial implications of achieving carbon neutrality across its portfolio by 2030. Overall, Highwoods Properties is making significant strides in reducing its carbon footprint while maintaining a focus on energy efficiency and sustainability within the real estate sector.
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| 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,360,780 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 164,678,220 | 000,000,000 | 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.
