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 32 is higher than 57% 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 2022, Physicians Realty Trust reported total carbon emissions of approximately 491,645,000 kg CO2e. This figure includes 7,045,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 209,342,000 kg CO2e from Scope 2 emissions, primarily related to purchased electricity. The majority of their emissions, about 463,262,000 kg CO2e, fall under Scope 3, which includes indirect emissions from the value chain, such as investments and purchased goods and services. Physicians Realty Trust has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2018 as the baseline year. This target has been approved by the Science Based Targets initiative (SBTi) and aligns with efforts to limit global warming to well below 2°C. Additionally, the company is committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to climate action. In previous years, the company had also targeted a 10% reduction in greenhouse gas emissions intensity for Scope 2 by 2021, demonstrating a proactive stance on sustainability. The emissions data for 2021 showed a total of approximately 505,075,000 kg CO2e, indicating a slight decrease in total emissions from the previous year. Overall, Physicians Realty Trust's climate commitments and emissions data reflect a growing awareness and responsibility towards reducing their carbon footprint in the real estate sector.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 4,500,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 72,900,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 |
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.
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.
