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 30 is higher than 52% 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 greenhouse gas emissions of approximately 22,886,700 kg CO2e, comprising 19,525,000 kg CO2e from Scope 1 and 20,934,200 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2021, where total emissions were about 22,661,800 kg CO2e, with Scope 1 at 19,413,000 kg CO2e and Scope 2 at 20,720,400 kg CO2e. In 2020, the company recorded total emissions of approximately 77,400,000 kg CO2e, with Scope 1 emissions at 4,500,000 kg CO2e and Scope 2 at 72,900,000 kg CO2e. 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 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, the company is committed to measuring and reducing its Scope 3 emissions, although specific data for these emissions has not yet been disclosed. The company has also previously targeted a 10% reduction in greenhouse gas emissions intensity and energy use intensity by 2021, although the outcomes of these initiatives have not been detailed in the available data. Overall, Physicians Realty Trust's emissions data and climate commitments reflect a proactive approach to sustainability within the real estate sector, with a focus on significant reductions in greenhouse gas emissions over the coming years.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 4,500,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 72,900,000 | 000,000,000 | 000,000,000 |
| 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.
