Shorenstein
Shorenstein Realty Services, LLC, commonly known as Shorenstein, is a prominent real estate investment firm headquartered in the United States. Established in 1981, the company has built a strong reputation in the commercial real estate sector, focusing primarily on office and mixed-use properties across major metropolitan regions, including San Francisco, New York, and Washington, D.C. Shorenstein is renowned for its strategic approach to property management and development, offering unique services that enhance asset value and tenant experience. With a commitment to sustainability and innovation, the firm has achieved notable milestones, including the successful management of a diverse portfolio that spans millions of square feet. As a leader in the industry, Shorenstein continues to set benchmarks for excellence in real estate investment and management.
DitchCarbon Score
How does Shorenstein'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
Shorenstein's score of 34 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shorenstein's reported carbon emissions
In 2023, Shorenstein Realty Services reported total greenhouse gas emissions of approximately 54,400,000 kg CO2e, comprising about 5,000,000 kg CO2e from Scope 1 and about 49,400,000 kg CO2e from Scope 2 emissions. This reflects a slight increase in Scope 1 emissions from 4,264,000 kg CO2e in 2022, while Scope 2 emissions decreased from 73,832,000 kg CO2e in the previous year. Shorenstein has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. Additionally, the company is committed to measuring and reducing its Scope 3 emissions, further enhancing its climate strategy. These initiatives position Shorenstein as a proactive player in the real estate sector, demonstrating a commitment to sustainability and climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 4,264,000 | 0,000,000 |
| Scope 2 | 73,832,000 | 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.
Shorenstein is committed to some reduction initiatives 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.
