Commonwealth Partners, a prominent player in the investment management industry, is headquartered in the United States. Founded in 2005, the firm has established a strong presence in key operational regions across North America and Europe. Specialising in private equity and real estate investments, Commonwealth Partners is recognised for its innovative approach to asset management, focusing on delivering sustainable returns for its clients. The company’s core services include strategic investment advisory and portfolio management, distinguished by a commitment to transparency and client-centric solutions. With a reputation for excellence, Commonwealth Partners has achieved notable milestones, positioning itself as a trusted partner for institutional investors. Its dedication to responsible investing and market insight has solidified its standing in the competitive landscape of investment management.
How does Commonwealth Partners'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.
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.
Commonwealth Partners's score of 67 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Commonwealth Partners reported total carbon emissions of approximately 48,000,000 kg CO2e, comprising 2,646,000 kg CO2e from Scope 1, 41,055,000 kg CO2e from Scope 2, and 4,732,000 kg CO2e from Scope 3 emissions related to downstream leased assets. This data reflects a significant increase in emissions compared to 2021, where total emissions were about 38,000,000 kg CO2e, with Scope 1 at 1,790,000 kg CO2e, Scope 2 at 32,683,000 kg CO2e, and Scope 3 at 3,576,000 kg CO2e. Commonwealth Partners has set ambitious climate commitments, aiming to achieve net-zero carbon emissions by 2050 for emissions under their operational control, specifically targeting both Scope 1 and Scope 2 emissions. This commitment aligns with the ULI Greenprint initiative and commenced in 2023. The emissions data is cascaded from the parent company, CommonWealth Partners, LLC, which is part of a corporate family that includes Mitsubishi Estate Co., Ltd. This relationship influences their sustainability strategies and reporting practices. Overall, Commonwealth Partners is actively working towards reducing its carbon footprint while adhering to industry standards and commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 2,819,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 44,524,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
Commonwealth Partners's Scope 3 emissions, which increased by 32% last year and increased by approximately 34% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 10% of total emissions under the GHG Protocol, with "Downstream Leased Assets" representing nearly all of their reported Scope 3 footprint.
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.
Commonwealth Partners has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.