Oxford Properties Group, Inc.

Oxford Properties Group, Inc.'s reported carbon emissions

Oxford Properties Group, Inc., headquartered in CA and operating in the real estate services industry, has reported its carbon emissions and climate commitments. For the fiscal year 2024, Oxford Properties Group, Inc. reported total greenhouse gas (GHG) emissions of approximately 271.5 billion kg CO2e. This total comprises Scope 1 emissions amounting to about 79.1 billion kg CO2e, Scope 2 emissions (market-based) of approximately 95.1 billion kg CO2e, and Scope 3 emissions of about 96.5 billion kg CO2e. In 2023, the company's total GHG emissions were approximately 258.4 billion kg CO2e, with Scope 1 emissions at roughly 83.3 billion kg CO2e, Scope 2 (market-based) at approximately 114.7 billion kg CO2e, and Scope 3 at about 75.1 billion kg CO2e. Looking back, in 2022, total Scope 1 and 2 emissions were approximately 204.2 billion kg CO2e. In 2021, total Scope 1 and 2 emissions were approximately 211.0 billion kg CO2e. For 2020, total Scope 1 and 2 emissions were approximately 212.4 billion kg CO2e. Finally, in 2019, total Scope 1 and 2 emissions were approximately 253.7 billion kg CO2e. Oxford Properties Group, Inc. has set reduction targets. Notably, they aimed for a 20% absolute reduction in their carbon footprint between 2019 and 2022. The company also has a target to mitigate Scope 1 and Scope 2 GHG emissions by 30% by 2030, using a 2020 baseline. This target is to be achieved on a "business-as-usual" basis and covers currently operating mines and Stratoni. The company's climate data is reported for global operations. While Scope 1 and Scope 2 data have been consistently reported, Scope 3 emissions were reported from 2023 onwards. Specific categories within Scope 3, such as purchased goods and services and capital goods, are noted as missing data points in their reports. Oxford Properties Group, Inc. is identified as a current subsidiary, and its climate performance data originates from the organization itself, with no indication of cascading from a higher corporate entity in the provided data.