Physicians Realty Trust
Physicians Realty Trust, commonly referred to as DOC, is a prominent real estate investment trust (REIT) headquartered in the United States. Founded in 2013, the company has rapidly established itself as a leader in the healthcare real estate sector, focusing primarily on the acquisition, development, and management of healthcare facilities. With a strong presence across major operational regions in the US, Physicians Realty Trust is dedicated to providing high-quality, purpose-built medical office buildings and outpatient facilities. The company’s unique approach combines strategic partnerships with healthcare providers and a commitment to enhancing patient care environments. Notable achievements include a robust portfolio of properties that cater to the evolving needs of the healthcare industry, positioning Physicians Realty Trust as a trusted partner in the healthcare real estate market.
DitchCarbon Score
How does Physicians Realty Trust'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
Physicians Realty Trust's score of 19 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Physicians Realty Trust's reported carbon emissions
In 2021, Physicians Realty Trust reported total greenhouse gas emissions of approximately 45,335,000 kg CO2e, comprising about 4,025,000 kg CO2e from Scope 1 and about 41,581,000 kg CO2e from Scope 2 emissions. This data reflects a significant reduction from previous years, where emissions in 2020 were about 56,032,000 kg CO2e, and in 2019, they were approximately 59,405,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2030, using 2018 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and is aligned with efforts to limit global warming to well below 2°C. Additionally, Physicians Realty Trust is committed to measuring and reducing its Scope 3 emissions, although specific data for these emissions has not yet been disclosed. Physicians Realty Trust's emissions data is cascaded from its corporate family relationship with Healthpeak Properties, Inc., which may influence its overall sustainability strategy and reporting practices. The company is actively working towards its reduction targets, which include a 10% reduction in greenhouse gas emissions intensity by 2021, although the status of this specific target remains unclear. Overall, Physicians Realty Trust is making strides in addressing its carbon footprint while committing to future reductions in alignment with industry standards.
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| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 60,572,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 60,572,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
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.
Physicians Realty Trust 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.
