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OrganisationsHudson Pacific Properties
Hudson Pacific Properties logo

Hudson Pacific Properties

Real Estate ServicesUnited StatesNYSE: HPP
Last verified 27 days agohudsonpacificproperties.com

Hudson Pacific Properties, a prominent player in the real estate services industry, is headquartered in the United States and operates primarily in key markets such as California and Washington. Founded in 2006, the company has established itself as a leader in the development, acquisition, and management of high-quality office and studio properties, particularly in the tech and media sectors.

With a focus on sustainability and innovative design, Hudson Pacific Properties offers unique spaces that cater to the evolving needs of modern businesses. The company has achieved significant milestones, including a robust portfolio of properties that consistently attract top-tier tenants. Renowned for its commitment to excellence, Hudson Pacific Properties continues to strengthen its market position through strategic investments and a forward-thinking approach to real estate.

43
DitchCarbon score

+14 vs industry average

Hudson Pacific Properties’s score of 43 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.221
20182025

The Real Estate Services industry has reduced its overall emissions by 17% since 2018

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hudson Pacific Properties's reported carbon emissions

Hudson Pacific Properties (US, Real estate services) reported total GHG emissions of approximately 207.6 million kg CO2e for 2024. This comprised about 11.7 million kg CO2e of Scope 1 emissions and approximately 12.2 million kg CO2e of Scope 2 emissions (market-based). Scope 3 emissions were significantly higher, amounting to about 183.8 million kg CO2e.

In 2023, the company's total emissions were approximately 288.9 million kg CO2e, with Scope 1 at about 13.3 million kg CO2e, Scope 2 (market-based) at about 27.7 million kg CO2e, and Scope 3 at roughly 248 million kg CO2e.

Hudson Pacific Properties has set a near-term target to reduce absolute Scope 1 and 2 GHG emissions across all operations by 50% by 2030, using a 2018 baseline. Additionally, they aim to reduce absolute Scope 3 GHG emissions from their fleet by 50% by 2030, from a 2022 baseline. The company also commits to measuring all material Scope 3 GHG emissions annually and has set targets for their Quixote business and critical suppliers.

The Science Based Targets initiative (SBTi) has approved Hudson Pacific Properties' commitment to reduce Scope 1 and 2 GHG emissions by 50% by 2030 from a 2018 baseline, aligning with a 1.5°C warming scenario. They also commit to measuring and reducing their Scope 3 emissions.

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Hudson Pacific Properties’s Climate Goals (2030 & 2050)

2 goals

2030

50% reduction in scope 3 total

Reduce absolute Scope 3 GHG emissions from our fleet by 50% by 2030, from a 2022 baseline, and grow our green production services offering t…

At risk50%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 2 climate goals

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hudson Pacific Properties logoHudson Pacific Properties
USReal Estate Services
27 days ago
43
Equinix logoEquinix
USComputer Services
7 hours ago
87
View
Prologis logoPrologis
USLessors of Nonresidential Buildings (excpet Miniwarehouses)
8 hours ago
80
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Digital Realty logoDigital Realty
USComputer Manufacturing
9 hours ago
63
View
Cyrusone logoCyrusone
USComputer Services
6 days ago
58
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Blackstone logoBlackstone
USServices Auxiliary to Financial Intermediation
15 hours ago
45
View
Crown Castle logoCrown Castle
GBReal Estate Services
7 hours ago
42
View

Frequently asked questions

Common questions about Hudson Pacific Properties’s sustainability data and climate commitments

In 2024, Hudson Pacific Properties' estimated total greenhouse gas emissions were approximately 208 million kg CO2e. The majority, around 88%, came from Scope 3 (upstream and downstream activities), while Scope 1 contributed roughly 12 million kg CO2e and Scope 2 about 12 million kg CO2e. This indicates that most emissions originate from the company's supply chain and tenant activities. The company reports these figures annually, demonstrating transparency and commitment to tracking its carbon footprint within the US real estate sector.

Data year: 2024

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