Physicians Realty Trust Sustainability Profile
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 28 is lower than 51% 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 marked a significant reduction from 2020, where emissions were approximately 56,032,000 kg CO2e, indicating a positive trend in their climate performance. The company has set ambitious targets to further reduce its carbon footprint. Physicians Realty Trust aims to achieve a 30% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2018 as the baseline year. This commitment aligns with the Science Based Targets initiative (SBTi) and is classified as consistent with efforts to limit global warming to well below 2°C. Additionally, the company has established near-term reduction targets, including a 10% reduction in greenhouse gas emissions intensity by 2021. These initiatives reflect Physicians Realty Trust's commitment to sustainability and responsible environmental stewardship within the real estate sector. It is important to note that the emissions data for 2021 is cascaded from the parent organization, with the SBTi targets also reflecting a corporate family relationship. The company is actively working towards measuring and reducing its Scope 3 emissions, although specific data on these emissions has not yet been disclosed.
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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 | - | - | - | - |
How Carbon Intensive is Physicians Realty Trust's Industry?
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Physicians Realty Trust's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Physicians Realty Trust has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Physicians Realty Trust's sustainability data and climate commitments