Commonwealth Partners

Commonwealth Partners, a real estate services company based in the US, has set ambitious climate commitments, aiming for net-zero carbon emissions by 2050. This target specifically covers Scope 1 and Scope 2 emissions under their operational control, aligning with the ULI Greenprint commitment.

In 2022, Commonwealth Partners reported Scope 1 emissions of approximately 2,646,000 kg CO2e and Scope 2 emissions (location-based) of approximately 41,055,000 kg CO2e. Scope 3 emissions for downstream leased assets were reported at approximately 4,732,000 kg CO2e.

Previously, in 2021, their Scope 1 emissions were approximately 1,790,000 kg CO2e, and Scope 2 emissions were approximately 32,683,000 kg CO2e, with downstream leased assets contributing about 3,576,000 kg CO2e.

For 2020, Scope 1 emissions were around 2,028,000 kg CO2e, and Scope 2 emissions were approximately 31,924,000 kg CO2e. Scope 3 emissions from downstream leased assets were about 3,522,000 kg CO2e.

In 2019, Commonwealth Partners reported Scope 1 emissions of approximately 2,962,000 kg CO2e and Scope 2 emissions (market-based) of approximately 36,758,000 kg CO2e. Location-based Scope 2 emissions for that year were approximately 38,834,000 kg CO2e. Scope 3 data was not disclosed for 2019.

Commonwealth Partners's climate targets are cascaded from its ultimate parent organisation, Mitsubishi Estate Co., Ltd., through a corporate family relationship at cascade level 2.