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.
-8 vs industry average
Highwoods Properties’s score of 21 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Highwoods Properties's reported carbon emissions
In 2024, Highwoods Properties reported total greenhouse gas 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. The company has set an ambitious target to reduce its Scope 1 and 2 emissions by 50% by 2030, using a 2016 baseline. This commitment reflects Highwoods Properties' dedication to addressing climate change and enhancing sustainability within its operations.
The emissions data indicates a consistent focus on reducing greenhouse gas outputs, with previous years showing similar trends. For instance, in 2023, the total emissions were approximately 126,176,000 kg CO2e, with Scope 1 and 2 emissions of 2,523,520 kg CO2e and 123,652,480 kg CO2e, respectively. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and other activities.
Highwoods Properties' climate commitments are aligned with industry standards, demonstrating a proactive approach to environmental stewardship. The reduction targets are part of a broader strategy to mitigate climate impact and contribute to global sustainability efforts.
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Highwoods Properties’s Climate Goals (2030 & 2050)
2 goals2030
50% reduction in Scope 1
• Reduce Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030 from a 2016 baseline**
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Highwoods Properties
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