Physicians Realty Trust
Physicians Realty Trust, commonly referred to as DOC, is a prominent real estate investment trust (REIT) headquartered in the United States. Founded in 2013, the company has rapidly established itself as a leader in the healthcare real estate sector, focusing primarily on the acquisition, development, and management of healthcare facilities. With a strong presence across major operational regions in the US, Physicians Realty Trust is dedicated to providing high-quality, purpose-built medical office buildings and outpatient facilities. The company’s unique approach combines strategic partnerships with healthcare providers and a commitment to enhancing patient care environments. Notable achievements include a robust portfolio of properties that cater to the evolving needs of the healthcare industry, positioning Physicians Realty Trust as a trusted partner in the healthcare real estate market.
DitchCarbon Score
How does Physicians Realty Trust'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
Physicians Realty Trust's score of 28 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Physicians Realty Trust's reported carbon emissions
In 2021, Physicians Realty Trust reported total greenhouse gas emissions of approximately 4,025,000 kg CO2e for Scope 1 and about 41,581,000 kg CO2e for Scope 2. The company has set ambitious climate commitments, aiming for a 30% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2018 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and is aligned with efforts to limit global warming to well below 2°C. Additionally, Physicians Realty Trust is committed to measuring and reducing its Scope 3 emissions, although specific data for these emissions has not yet been disclosed. The company previously targeted a 10% reduction in greenhouse gas emissions intensity for Scope 2 by 2021, reflecting its ongoing commitment to sustainability. It is important to note that emissions data for previous years (2019 and 2020) is not available, and the company has inherited some climate initiatives from its corporate family, specifically from Healthpeak Properties, Inc. This cascading of data highlights the interconnected nature of climate commitments within the real estate sector.
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| 2021 | |
|---|---|
| Scope 1 | 4,025,000 |
| Scope 2 | 41,581,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Physicians Realty Trust is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
