Kilroy Realty

Kilroy Realty's reported carbon emissions

Kilroy Realty, a US-based real estate services company, reported total greenhouse gas emissions of approximately 59.6 million kg CO2e for the year 2025. This figure comprises Scope 1 emissions of about 4.1 million kg CO2e, Scope 2 emissions (location-based) of approximately 30.8 million kg CO2e, and Scope 3 emissions, primarily from downstream leased assets, of approximately 24.8 million kg CO2e. In 2024, Kilroy Realty's total emissions were approximately 66.9 million kg CO2e. This included Scope 1 emissions of around 3.9 million kg CO2e, Scope 2 emissions (location-based) of about 32.7 million kg CO2e, and Scope 3 emissions from downstream leased assets totalling approximately 30.3 million kg CO2e. The company's emissions for 2023 were approximately 71.2 million kg CO2e, with Scope 1 emissions at about 5.1 million kg CO2e, Scope 2 emissions at approximately 35.3 million kg CO2e, and Scope 3 emissions (downstream leased assets) at around 30.7 million kg CO2e. Kilroy Realty has established several climate commitments. A key target, aligned with the Science Based Targets initiative (SBTi), involves a 31% reduction in absolute Scope 1, 2, and 3 emissions by 2030, with a long-term goal of a 72% reduction by 2050, both from a 2017 baseline. The company also aims for a 10% reduction in onsite greenhouse gas emissions intensity (Scope 1 and Scope 2) by 2030, relative to a 2023 baseline. Additionally, Kilroy Realty has committed to reducing the embodied carbon of construction materials by 30% by the end of 2030 and 50% by 2050, both on a like-for-like basis from a 2019 baseline. Kilroy Realty is also a signatory to the Urban Land Institute (ULI) Net Zero Goal, aiming for its collective buildings under operational control to reach net zero by 2050. The company achieved carbon neutrality for its Scope 1 and 2 emissions in 2020, verified by DNV, and plans to maintain this status through ongoing efficiency projects, renewable energy procurement, and onsite solar installations.