Commonwealth Partners

Commonwealth Partners, a real estate services company based in the US, has set a long-term goal to achieve net-zero carbon emissions by 2050 for emissions under its operational control, in alignment with the ULI Greenprint commitment. This commitment covers Scope 1 and Scope 2 emissions.

For the reporting year 2022, Commonwealth Partners reported total Scope 1 emissions of approximately 2,646,000 kg CO2e and Scope 2 emissions (location-based) of approximately 41,055,000 kg CO2e. They also reported Scope 3 emissions related to downstream leased assets amounting to approximately 4,732,000 kg CO2e.

In 2021, Scope 1 emissions were approximately 1,790,000 kg CO2e, and Scope 2 emissions (location-based) were approximately 32,683,000 kg CO2e, with Scope 3 downstream leased assets at approximately 3,576,000 kg CO2e.

The company's carbon footprint in 2020 included approximately 2,028,000 kg CO2e in Scope 1 emissions and approximately 31,924,000 kg CO2e in Scope 2 emissions (location-based), alongside approximately 3,522,000 kg CO2e for Scope 3 downstream leased assets.

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, with Scope 2 emissions (location-based) at approximately 38,834,000 kg CO2e. Scope 3 data was not disclosed for this year.

Commonwealth Partners is a current subsidiary of CommonWealth Partners, LLC. Their climate targets are cascaded from Mitsubishi Estate Co., Ltd. at cascade level 2, indicating that their SBTi, RE100, and RTZ initiatives align with those of Mitsubishi Estate Co., Ltd. The company also engages with CDP and has its own operational control targets.