Hudson Pacific Properties

Hudson Pacific Properties, a US-based real estate services firm, reported total emissions of approximately 207.6 million kg CO2e for 2024. This figure includes Scope 1, 2, and 3 emissions. In 2023, total emissions were approximately 288.9 million kg CO2e, and in 2022, they were about 347.2 million kg CO2e.

The company has set ambitious climate commitments. Hudson Pacific Properties aims to reduce absolute Scope 1 and 2 greenhouse gas emissions across all operations by 50% by 2030, using 2018 as the baseline year. They also commit to reducing absolute Scope 3 GHG emissions from their fleet by 50% by 2030, with a 2022 baseline. Further, they aim to grow their green production services offering to represent 50% of the Quixote business by 2030. The company also intends to measure all material Scope 3 GHG emissions annually, require all (re)development projects to set specific embodied carbon reduction targets, and support 100% of its Tier 1 critical suppliers in measuring and disclosing their Scope 1 and 2 GHG emissions by 2030.

Hudson Pacific Properties' targets are recognised by the Science Based Targets initiative (SBTi) as consistent with keeping warming to 1.5°C. These SBTi commitments align with their internal near-term and long-term reduction goals.