Kilroy Realty

Kilroy Realty Corporation (KRC) has demonstrated a commitment to reducing its carbon footprint, with total emissions data available from 2015 to 2025. For the reporting year 2025, KRC reported total emissions of approximately 59.6 million kg CO2e. This includes Scope 1 emissions of about 4.1 million kg CO2e and Scope 2 emissions of approximately 30.8 million kg CO2e. Scope 3 emissions, specifically from downstream leased assets, amounted to about 24.8 million kg CO2e in 2025.

In 2024, the company reported total emissions of approximately 66.9 million kg CO2e, with Scope 1 emissions at around 3.9 million kg CO2e and Scope 2 emissions at about 32.7 million kg CO2e. Scope 3 emissions from downstream leased assets were approximately 30.3 million kg CO2e.

Looking at previous years, KRC's total emissions in 2023 were around 71.2 million kg CO2e, comprising Scope 1 emissions of roughly 5.1 million kg CO2e and Scope 2 emissions of about 35.3 million kg CO2e. Scope 3 emissions from downstream leased assets were approximately 30.7 million kg CO2e. In 2022, total emissions were approximately 59.8 million kg CO2e, with Scope 1 at about 4.6 million kg CO2e and Scope 2 at approximately 31.2 million kg CO2e. Scope 3 emissions from downstream leased assets were around 24.0 million kg CO2e.

For 2021, KRC disclosed Scope 1 emissions of approximately 3.7 million kg CO2e and Scope 2 emissions of about 19.4 million kg CO2e, with total Scope 1 and 2 emissions around 23.1 million kg CO2e. Scope 3 data was not disclosed for this year. In 2020, Scope 1 emissions were approximately 3.0 million kg CO2e, and Scope 2 emissions were around 23.1 million kg CO2e.

Kilroy Realty has set several ambitious reduction targets. The company is committed to reducing Scope 1, 2, and 3 emissions by 31% by 2030 and 72% by 2050, using a 2017 baseline. This Science Based Targets initiative (SBTi) commitment aligns with keeping global warming to 2°C. Additionally, KRC aims to reduce the embodied carbon of construction materials in development projects by 30% by the end of 2030 and 50% by the end of 2050, relative to a 2019 baseline. Furthermore, KRC has set a near-term goal to achieve a 10% reduction in onsite GHG emissions intensity by 2030, based on a 2023 baseline for both Scope 1 and Scope 2 emissions. KRC was also among the first real estate companies to align with the Urban Land Institute (ULI) Net Zero Goal in 2020, aiming for net zero operational control emissions for its Greenprint members' buildings by 2050. In 2020, KRC also achieved carbon neutrality for its Scope 1 and 2 emissions, third-party certified by DNV, with plans to maintain this status through efficiency projects, renewable energy procurement, and onsite solar installations.