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.
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.
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.
Hudson Pacific Properties's score of 40 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hudson Pacific Properties reported total greenhouse gas emissions of approximately 300,820,000 kg CO2e, with Scope 1 emissions at about 13,738,000 kg CO2e and Scope 2 emissions at approximately 38,470,000 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 baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. In previous years, Hudson Pacific Properties reported significant emissions, including approximately 34,715,600 kg CO2e in 2022 and 34,058,800 kg CO2e in 2021. The company is also committed to measuring and reducing its Scope 3 emissions, which were notably high, reaching approximately 300,820,000 kg CO2e in 2023. Hudson Pacific Properties is actively working towards these targets to enhance its sustainability and reduce its overall carbon footprint in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 | 10,729,000 | 000,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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 committed to some reduction initiatives 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.