Kilroy Realty Sustainability Profile
Kilroy Realty Corporation, commonly referred to as Kilroy Realty, is a prominent player in the real estate industry, headquartered in the United States. Founded in 1996, the company has established a strong presence in key markets, including California and the Pacific Northwest, focusing on the development, acquisition, and management of office and mixed-use properties. Kilroy Realty is renowned for its commitment to sustainability and innovation, offering unique, high-quality spaces that cater to the evolving needs of tenants. The company has achieved notable milestones, including recognition for its environmentally responsible practices and a robust portfolio of properties that enhance urban environments. With a strategic focus on creating vibrant workspaces, Kilroy Realty continues to solidify its position as a leader in the commercial real estate sector.
DitchCarbon Score
How does Kilroy Realty'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.
Industry Average
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.
Industry Benchmark
Kilroy Realty's score of 67 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kilroy Realty's reported carbon emissions
In 2024, Kilroy Realty Corporation reported total carbon emissions of approximately 66,859,000 kg CO2e, a decrease from about 71,153,000 kg CO2e in 2023. The emissions breakdown for 2024 includes Scope 1 emissions at about 3,921,000 kg CO2e, Scope 2 emissions at approximately 32,674,000 kg CO2e, and Scope 3 emissions, specifically from downstream leased assets, at about 30,264,000 kg CO2e. Kilroy Realty has set ambitious climate commitments, aiming to reduce its overall emissions by 31% by 2030 and 72% by 2050, using 2017 as the baseline year. These targets encompass all scopes of emissions (Scope 1, 2, and 3) and are aligned with the Science Based Targets initiative (SBTi). Additionally, the company is committed to reducing the embodied carbon of construction materials in development projects by 30% by 2030 and 50% by 2050, also from a 2019 baseline. In terms of operational emissions, Kilroy Realty was among the first real estate companies to align with the Urban Land Institute's Net Zero Goal, targeting net zero operational emissions by 2050. The company also aims for a 10% reduction in greenhouse gas emissions intensity by 2030, relative to a 2023 baseline. Overall, Kilroy Realty's proactive approach to managing and reducing carbon emissions reflects its commitment to sustainability and climate responsibility within the real estate sector.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,896,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 56,556,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Kilroy Realty's Industry?
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Kilroy Realty's Scope 3 Categories Breakdown
Kilroy Realty's Scope 3 emissions, which decreased by 1% last year and increased by approximately 26% since 2022, 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 45% of total emissions under the GHG Protocol, with "Downstream Leased Assets" representing nearly all of their reported Scope 3 footprint.
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Kilroy Realty's Climate Goals (2030 & 2050)
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.
Kilroy Realty has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Kilroy Realty's sustainability data and climate commitments