Commonwealth Partners

Commonwealth Partners's reported carbon emissions

Commonwealth Partners, a real estate services firm headquartered in the US, is committed to achieving net-zero carbon emissions by 2050 for emissions under its operational control, aligning with the ULI Greenprint commitment. This target applies to Scope 1 and Scope 2 emissions. In 2022, Commonwealth Partners reported total emissions of approximately 51.7 million kg CO2e. This included Scope 1 emissions of about 2.6 million kg CO2e and Scope 2 emissions of approximately 41.1 million kg CO2e. Scope 3 emissions, specifically from downstream leased assets, were reported at approximately 4.7 million kg CO2e. For 2021, the company's emissions totalled approximately 38.3 million kg CO2e, with Scope 1 emissions at about 1.8 million kg CO2e, Scope 2 at around 32.7 million kg CO2e, and Scope 3 (downstream leased assets) at approximately 3.6 million kg CO2e. In 2020, total emissions were approximately 37.5 million kg CO2e, comprising Scope 1 of about 2.0 million kg CO2e, Scope 2 of approximately 31.9 million kg CO2e, and Scope 3 (downstream leased assets) of around 3.5 million kg CO2e. Commonwealth Partners' emissions data is cascaded from its parent organisation, CommonWealth Partners, LLC, with a cascade level of 2. Initiatives such as RE100 and RTZ targets are cascaded from Mitsubishi Estate Co., Ltd. The company's SBTi targets also originate from Mitsubishi Estate Co., Ltd.