Howard Hughes Sustainability Profile
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 53% 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 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 marked a significant increase in emissions compared to 2021, when total emissions were approximately 36,000,000 kg CO2e, with Scope 1 emissions at 4,114,000 kg CO2e and Scope 2 emissions at 51,356,000 kg CO2e. Notably, Howard Hughes does not disclose Scope 3 emissions data 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, it targets a 27.5% reduction in Scope 3 emissions from capital goods and a 55% reduction in Scope 3 emissions from the use of sold products 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 Scope 2 by 2027, based on a 2017 baseline, and a similar 20% reduction in energy use intensity for Scope 1 by the same year. These initiatives reflect the company's proactive approach to addressing climate change and reducing its carbon footprint in the real estate sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 3,537,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 47,742,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | - |
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Howard Hughes's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Howard Hughes has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Howard Hughes's sustainability data and climate commitments