Kilroy Realty
Kilroy Realty Corporation, commonly referred to as Kilroy Realty, is a prominent player in the real estate industry, headquartered in the United States. Founded in 1996, the company has established a strong presence in key markets, including California and the Pacific Northwest, focusing on the development, acquisition, and management of office and mixed-use properties. Kilroy Realty is renowned for its commitment to sustainability and innovation, offering unique, high-quality spaces that cater to the evolving needs of tenants. The company has achieved notable milestones, including recognition for its environmentally responsible practices and a robust portfolio of properties that enhance urban environments. With a strategic focus on creating vibrant workspaces, Kilroy Realty continues to solidify its position as a leader in the commercial real estate sector.
DitchCarbon Score
How does Kilroy Realty'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
Kilroy Realty's score of 67 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kilroy Realty's reported carbon emissions
In 2023, Kilroy Realty reported total carbon emissions of approximately 71,153,000 kg CO2e. This includes Scope 1 emissions of about 5,123,000 kg CO2e, Scope 2 emissions of approximately 35,310,000 kg CO2e, and Scope 3 emissions from downstream leased assets amounting to about 30,720,000 kg CO2e. Kilroy Realty has set ambitious climate commitments, aiming for a 31% reduction in Scope 1, 2, and 3 emissions by 2030 and a significant 72% reduction by 2050, using 2017 as the baseline year. Additionally, the company has committed to achieving a 10% reduction in greenhouse gas emissions intensity by 2030, relative to a 2023 baseline. Notably, Kilroy Realty achieved a 100% like-for-like reduction in Scope 1 and Scope 2 market-based GHG emissions by the end of 2020, compared to 2017 levels. Furthermore, they aim to reduce the embodied carbon of construction materials in development projects by 30% by 2030 and 50% by 2050, also from a 2019 baseline. Kilroy Realty is aligned with the Urban Land Institute's Net Zero Goal, targeting net zero operational emissions by 2050. These initiatives reflect the company's commitment to sustainability and reducing its carbon footprint in the real estate sector.
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| 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,145,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 29,844,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Kilroy Realty is participating in some of the initiatives that 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.
