JBG Smith Properties, commonly referred to as JBG Smith, is a prominent real estate investment trust (REIT) headquartered in the United States. Established in 2017, the company primarily operates in the Washington, D.C. metropolitan area, focusing on urban mixed-use developments and multifamily residential properties. With a commitment to sustainable development, JBG Smith offers a unique portfolio that includes office spaces, retail environments, and vibrant residential communities. The firm is recognised for its strategic partnerships and innovative approaches to urban living, positioning itself as a leader in the real estate sector. Notable achievements include significant contributions to the revitalisation of key urban areas, underscoring its role in shaping the future of metropolitan living.
How does Jbg Smith'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.
Jbg Smith's score of 39 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, JBG Smith reported total carbon emissions of approximately 64,725 tonnes CO2e, with emissions distributed across various scopes: 9,462 tonnes CO2e from Scope 1, 47,897 tonnes CO2e from Scope 2, and 7,366 tonnes CO2e from Scope 3. This represents a significant reduction from previous years, as emissions in 2022 were about 83,046 tonnes CO2e, indicating a decrease of approximately 22,321 tonnes CO2e year-on-year. Over the years, JBG Smith has demonstrated a commitment to reducing its carbon footprint. In 2021, the total emissions were around 104,313 tonnes CO2e, which decreased to 64,725 tonnes CO2e by 2023. This trend reflects a broader strategy to enhance sustainability within their operations, although specific reduction targets or initiatives have not been detailed in their reports. The company has also reported emissions per square foot, with figures indicating a reduction in carbon emissions intensity over time. For instance, in 2023, the carbon emissions per square foot were approximately 49.3, down from 46.5 in 2022. While JBG Smith has not specified any formal reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP), their ongoing efforts to lower emissions suggest a proactive approach to climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 14,087,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 2 | 96,770,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 10,651,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
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.
Jbg Smith is not committed to any 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.