Kilroy Realty

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 encompasses Scope 1, Scope 2, and Scope 3 emissions.

In 2024, the company's total emissions were approximately 66.9 million kg CO2e, comprising 3.9 million kg CO2e from Scope 1 and 32.7 million kg CO2e from Scope 2. Scope 3 emissions, specifically from downstream leased assets, accounted for approximately 30.3 million kg CO2e in 2024.

For 2023, Kilroy Realty reported total emissions of approximately 71.2 million kg CO2e, with Scope 1 emissions at around 5.1 million kg CO2e and Scope 2 emissions at approximately 35.3 million kg CO2e. Scope 3 emissions from downstream leased assets were approximately 30.7 million kg CO2e.

Looking further back, total emissions in 2022 were approximately 59.8 million kg CO2e, including 4.6 million kg CO2e for Scope 1 and 31.2 million kg CO2e for Scope 2. In 2021, Scope 1 emissions were around 3.7 million kg CO2e and Scope 2 emissions were approximately 19.4 million kg CO2e.

Kilroy Realty has established several climate commitments. The company 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, using a 2019 baseline for like-for-like comparisons. Furthermore, Kilroy Realty has committed to reducing Scope 1 and Scope 2 market-based greenhouse gas emissions by 100% from a 2017 base year by the end of 2020. The company also aims for a 10% reduction in onsite greenhouse gas emissions intensity by 2030, relative to a 2023 baseline for both Scope 1 and Scope 2.

Additionally, Kilroy Realty is aligned with the Urban Land Institute (ULI) Net Zero Goal, which seeks to reduce operational control emissions of its members' buildings to net zero by 2050. The company has also set Science Based Targets (SBTi) to reduce its Scope 1, 2, and 3 emissions by 31% by 2030 and 72% by 2050, using a 2017 baseline year. They have achieved and maintained carbon neutrality for their Scope 1 and 2 emissions in accordance with PAS 2060 for the calendar year 2020, with third-party certification by DNV.