Howard Hughes

Howard Hughes reported Scope 1 and 2 emissions of 64,348,000 kg CO2e for 2024. This follows 41,782,000 kg CO2e in Scope 1 and 2 emissions in 2023, and 54,924,000 kg CO2e in 2022.

In 2021, Howard Hughes reported Scope 1 emissions of 4,114,000 kg CO2e, Scope 2 emissions of 51,356,000 kg CO2e, and Scope 3 emissions of 357,213,000 kg CO2e. For 2020, Scope 1 emissions were 2,650,000 kg CO2e and Scope 2 (location-based) emissions were 56,374,000 kg CO2e. In 2019, Scope 1 emissions were 4,078,000 kg CO2e and Scope 2 (location-based) emissions were 53,882,000 kg CO2e. In 2018, Scope 1 emissions were 3,537,000 kg CO2e and Scope 2 (location-based) emissions were 47,742,000 kg CO2e. No emissions data is available for 2017.

Howard Hughes has several climate commitments. The company is committed to a 20% reduction in carbon emissions intensity by 2027, against a 2017 baseline for Scope 2. They also aim for a 20% reduction in energy use intensity by 2027, against a 2017 baseline for Scope 1.

The Howard Hughes Holdings has set Science Based Targets initiative (SBTi) approved targets. They commit to reducing absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 from a 2019 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions from capital goods by 27.5% within the same timeframe. The Howard Hughes Holdings further commits to reducing Scope 3 GHG emissions from the use of sold products by 55% per square foot of sold building within the same timeframe. These targets cover greenhouse gas emissions from company operations (Scopes 1 and 2) and are consistent with reductions required to keep warming to 1.5°C.