Jbg Smith

JBG Smith, a real estate services firm headquartered in the US, reported total carbon emissions of approximately 64.7 billion kg CO2e for the year 2023. This figure encompasses Scope 1, 2, and 3 emissions. Scope 1 emissions for 2023 were approximately 9.5 billion kg CO2e, while Scope 2 emissions, calculated on a market-based approach, were reported as 0 kg CO2e, and location-based Scope 2 emissions were approximately 47.9 billion kg CO2e. Scope 3 emissions, specifically downstream leased assets, amounted to about 7.4 billion kg CO2e in 2023.

In 2022, JBG Smith's total emissions were approximately 83.0 billion kg CO2e, comprising 13.1 billion kg CO2e for Scope 1, 60.8 billion kg CO2e for Scope 2, and 9.1 billion kg CO2e for Scope 3. The company's total emissions for 2021 were approximately 108.9 billion kg CO2e, with Scope 1 at 11.3 billion kg CO2e, Scope 2 at 78.5 billion kg CO2e, and Scope 3 at 19.2 billion kg CO2e. Prior to that, in 2020, total emissions were approximately 103.8 billion kg CO2e, including 8.7 billion kg CO2e for Scope 1, 80.2 billion kg CO2e for Scope 2, and 14.8 billion kg CO2e for Scope 3.

JBG Smith's climate commitments are primarily focused on reducing its carbon footprint. While specific overarching reduction targets are not detailed in the provided data, the company does report key metrics like carbon emissions per square foot. For instance, in 2024, carbon emissions per square foot (all scopes) were reported at approximately 45.1 kg CO2e per square foot. This metric was approximately 49.3 kg CO2e per square foot in 2023 and 46.5 kg CO2e per square foot in 2022. The company also tracks GHG emissions intensity per unit of revenue, which was approximately 0.53 in 2022. The company does not appear to have any cascaded reduction targets from a parent organisation.