Hudson Pacific Properties Sustainability Profile
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 60% 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 317,000,000 kg CO2e. This figure includes 13,738,000 kg CO2e from Scope 1 emissions, 38,470,000 kg CO2e from Scope 2 emissions (location-based), and a significant 300,820,000 kg CO2e from Scope 3 emissions. The total emissions from Scope 1 and 2 combined amounted to 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 validated by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. Hudson Pacific Properties is also committed to measuring and reducing its Scope 3 emissions, which represent the majority of its carbon footprint. In previous years, Hudson Pacific Properties reported similar emissions figures, with Scope 1 emissions of 13,738,000 kg CO2e in 2022 and 9,048,000 kg CO2e in 2021, indicating a consistent approach to tracking and managing emissions. The company’s proactive stance on climate action reflects its 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 |
How Carbon Intensive is Hudson Pacific Properties's Industry?
How Carbon Intensive is Hudson Pacific Properties's Location?
Hudson Pacific Properties's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hudson Pacific Properties has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Hudson Pacific Properties's sustainability data and climate commitments