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 50 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kilroy Realty's reported carbon emissions
In 2023, Kilroy Realty Corporation reported total carbon emissions of approximately 66,610,000 kg CO2e, comprising 4,765,000 kg CO2e from Scope 1, 35,381,000 kg CO2e from Scope 2, and 26,464,000 kg CO2e from Scope 3 emissions. This marks a significant increase from 2022, where total emissions were about 59,842,000 kg CO2e. Kilroy Realty has set ambitious climate commitments, aiming to reduce its total emissions (Scopes 1, 2, and 3) by 31% by 2030 and 72% by 2050, using 2017 as the base year. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects the company's dedication to sustainable practices in the real estate sector. Additionally, Kilroy was among the first real estate companies to align with the Urban Land Institute's Net Zero Goal, targeting net zero operational emissions by 2050. The company has disclosed emissions data for multiple years, with notable figures from 2019 showing Scope 1 emissions at 3,461,000 kg CO2e and Scope 2 emissions at 21,768,000 kg CO2e. This transparency highlights Kilroy's ongoing efforts to monitor and manage its carbon footprint effectively.
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| 2018 | 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,145,000 | 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 |
| Scope 3 | - | - | - | 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 committed to some 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.
