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, with Scope 1 emissions at about 9,462,000 kg CO2e, Scope 2 emissions (location-based) at approximately 47,897,000 kg CO2e, and Scope 3 emissions from downstream leased assets at around 7,366,000 kg CO2e. This represents a decrease from 2022, where total emissions were about 83,046,000 kg CO2e, with Scope 1 at approximately 13,141,000 kg CO2e, Scope 2 at about 60,778,000 kg CO2e, and Scope 3 at around 9,127,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organisation. JBG Smith's emissions data is sourced directly from its own reporting, with no indications of inherited data from corporate family relationships. Overall, JBG Smith is actively monitoring its carbon footprint across all scopes, but further commitments or reduction strategies have not been detailed in the available information.
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.
