JBG Smith Properties, commonly referred to as JBG Smith, is a prominent real estate investment trust (REIT) headquartered in the United States. Established in 2017, the company primarily operates in the Washington, D.C. metropolitan area, focusing on urban mixed-use developments and multifamily residential properties. With a commitment to sustainable development, JBG Smith offers a unique portfolio that includes office spaces, retail environments, and vibrant residential communities. The firm is recognised for its innovative approach to urban living, integrating modern design with community-centric amenities. Notable achievements include strategic partnerships and significant projects that enhance the urban landscape, solidifying JBG Smith's position as a leader in the real estate sector. Through its dedication to quality and sustainability, JBG Smith continues to shape the future of urban development.
How does Jbg Smith'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.
Jbg Smith's score of 39 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, JBG Smith reported total carbon emissions of approximately 64,725,000 kg CO2e, comprising 9,462,000 kg CO2e from Scope 1, 47,897,000 kg CO2e from Scope 2 (location-based), and 7,366,000 kg CO2e from Scope 3 emissions related to downstream leased assets. This represents a decrease from 2022, where total emissions were about 83,046,000 kg CO2e, with Scope 1 emissions at 13,141,000 kg CO2e, Scope 2 at 60,778,000 kg CO2e, and Scope 3 at 9,127,000 kg CO2e. Over the past few years, JBG Smith has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has not inherited emissions data from any parent organisation, and all reported figures are directly from JBG Smith Properties. The emissions data indicates a focus on transparency, with disclosures across all three scopes (1, 2, and 3). However, there are currently no specific science-based targets (SBTi) or documented reduction initiatives outlined in their reports. JBG Smith continues to monitor and report its emissions, reflecting an ongoing commitment to sustainability within the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 8,743,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 80,215,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | 14,836,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Jbg Smith's Scope 3 emissions, which decreased by 19% last year and decreased by approximately 50% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 44% 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.
Jbg Smith 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.
