Public Profile

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.

13

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.

15

Industry Benchmark

Highwoods Properties's score of 13 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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 about 118,244,000 kg CO2e from Scope 2 emissions. This represents a slight decrease from 2022, when total emissions were about 121,704,000 kg CO2e, with Scope 1 emissions at approximately 2,247,000 kg CO2e and Scope 2 emissions at about 119,457,000 kg CO2e. Over the years, Highwoods Properties has demonstrated a commitment to reducing its carbon footprint. In 2021, the company reported total emissions of about 128,691,000 kg CO2e, indicating a trend towards lower emissions in subsequent years. However, there are currently no specific reduction targets or climate pledges disclosed by the company, which may limit their ability to align with industry standards for climate action. Overall, while Highwoods Properties has made progress in reducing its emissions, the absence of formal reduction targets suggests an opportunity for further commitment to sustainability and climate resilience in the real estate sector.

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Add to project
20162020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Highwoods Properties'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. Highwoods Properties 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.

Highwoods Properties 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