Hudson Pacific Properties

Hudson Pacific Properties, a US-based real estate services company, reported total carbon emissions of approximately 207,602 tonnes CO2e in 2024. This figure comprises 11,652 tonnes CO2e from Scope 1 emissions, approximately 12,175 tonnes CO2e from market-based Scope 2 emissions (or 34,073 tonnes CO2e location-based Scope 2 emissions), and 183,775 tonnes CO2e from Scope 3 emissions.

In 2023, the company's total emissions were approximately 288,881 tonnes CO2e, consisting of 13,272 tonnes CO2e (Scope 1), about 27,655 tonnes CO2e (market-based Scope 2, or 38,470 tonnes CO2e location-based Scope 2), and 247,954 tonnes CO2e (Scope 3). In 2022, total emissions stood at approximately 347,156 tonnes CO2e, with 13,738 tonnes CO2e (Scope 1), about 32,598 tonnes CO2e (market-based Scope 2, or 42,677 tonnes CO2e location-based Scope 2), and 300,820 tonnes CO2e (Scope 3).

Hudson Pacific Properties has set a near-term Science Based Target initiative (SBTi) approved target, committing to reduce its Scope 1 and 2 GHG emissions by 50% by 2030, using a 2018 baseline. Additionally, the company aims to reduce its absolute Scope 3 GHG emissions from its fleet by 50% by 2030, from a 2022 baseline. Hudson Pacific Properties also plans to measure all material Scope 3 GHG emissions annually, including embodied carbon in all redevelopment and major repositioning projects, and requires project-specific embodied carbon reduction targets for all such developments. The company also commits to helping 100% of its Tier 1 critical suppliers measure and disclose their Scope 1 and 2 GHG emissions by 2030.