Hudson Pacific Properties
Hudson Pacific Properties, often referred to as HPP, is a prominent real estate investment trust (REIT) headquartered in the United States. Established in 2006, the company has carved a niche in the commercial real estate sector, focusing primarily on the development and management of office and studio properties across key markets, including California and the Pacific Northwest. With a commitment to sustainability and innovation, Hudson Pacific Properties offers a unique portfolio that includes state-of-the-art office spaces and creative studios tailored for the modern workforce. The company has achieved significant milestones, including the successful development of landmark properties that enhance urban landscapes. Recognised for its strategic positioning in the market, HPP continues to set industry standards, making it a leader in the competitive real estate landscape.
DitchCarbon Score
How does Hudson Pacific 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.
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
Hudson Pacific Properties's score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hudson Pacific Properties's reported carbon emissions
In 2023, Hudson Pacific Properties, Inc. reported total greenhouse gas emissions of approximately 300,820,000 kg CO2e from Scope 3, 13,738,000 kg CO2e from Scope 1, and 38,470,000 kg CO2e from Scope 2 (location-based). The combined total for Scope 1 and Scope 2 emissions was about 51,742,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 50% by 2030, using 2018 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. Hudson Pacific Properties also intends to measure and reduce its Scope 3 emissions, which represent the majority of its carbon footprint. In previous years, emissions data showed a consistent pattern, with Scope 3 emissions remaining significantly high, indicating the need for comprehensive strategies to address indirect emissions. For instance, in 2022, the company reported similar Scope 3 emissions of approximately 300,820,000 kg CO2e, alongside 13,738,000 kg CO2e from Scope 1 and 42,677,000 kg CO2e from Scope 2. Overall, Hudson Pacific Properties is actively working towards significant reductions in its carbon emissions, demonstrating a commitment to sustainability within the real estate sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 12,650,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | - | - | - |
| Scope 3 | - | 000,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Hudson Pacific Properties 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.
