Howard Hughes
Howard Hughes Corporation, often referred to simply as Howard Hughes, is a prominent real estate development and management company headquartered in the United States. Established in 2010, the company has rapidly evolved, focusing on master-planned communities, mixed-use properties, and commercial developments across key regions, including Texas, Nevada, and Hawaii. Renowned for its innovative approach to urban development, Howard Hughes offers a diverse portfolio of residential, retail, and office spaces that prioritise sustainability and community engagement. The company has achieved significant milestones, including the successful development of The Woodlands and Summerlin, which are recognised as leading examples of integrated living environments. With a strong market position, Howard Hughes continues to set industry standards, emphasising quality and design excellence in every project. Its commitment to creating vibrant, sustainable communities has solidified its reputation as a leader in the real estate sector.
DitchCarbon Score
How does Howard Hughes'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
Howard Hughes's score of 32 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Howard Hughes's reported carbon emissions
In 2022, Howard Hughes Corporation reported total carbon emissions of approximately 54,924,000 kg CO2e, comprising 16,686,000 kg CO2e from Scope 1 and 38,238,000 kg CO2e from Scope 2. This data reflects a significant increase in emissions compared to 2021, when total emissions were approximately 366,000,000 kg CO2e, with Scope 1 emissions at 4,114,000 kg CO2e and Scope 2 at 51,356,000 kg CO2e. Notably, Scope 3 emissions were not disclosed for 2022. The company has set ambitious climate commitments, aiming for a 46.2% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using 2019 as the baseline year. Additionally, Howard Hughes plans to reduce Scope 3 emissions from capital goods by 27.5% and from the use of sold products by 55% per square foot of sold building within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with limiting global warming to 1.5°C. Furthermore, Howard Hughes has committed to a 20% reduction in carbon emissions intensity for both Scope 1 and Scope 2 by 2027, also based on a 2017 baseline. This commitment reflects the company's ongoing efforts to enhance sustainability within its operations. Overall, Howard Hughes Corporation is actively working towards reducing its carbon footprint while adhering to industry standards and climate commitments.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 4,114,000 | 00,000,000 |
| Scope 2 | 51,356,000 | 00,000,000 |
| Scope 3 | 357,213,000 | - |
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.
Howard Hughes is participating in some 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.
