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OrganisationsPhysicians Realty Trust
Physicians Realty Trust logo

Physicians Realty Trust

Real Estate ServicesUnited StatesNYSE: DOC
Last verified 6 days agodocreit.com

Physicians Realty Trust (NYSE: DOC) is a prominent real estate investment trust specialising in healthcare properties across the United States. Headquartered in the US, the company primarily focuses on acquiring, developing, and managing medical office buildings and outpatient facilities, serving a diverse range of healthcare providers.

Founded in 2013, Physicians Realty Trust has established itself as a leading player within the real estate services industry, with a strong presence across key regions in the US. Its core offerings include high-quality medical office spaces that cater to the evolving needs of healthcare providers, making them a unique asset class within the real estate sector.

Recognised for its strategic portfolio and consistent performance, Physicians Realty Trust has achieved notable milestones in expanding its footprint and delivering value to investors. Its specialised focus on healthcare real estate positions it as a trusted name in the industry, driven by a commitment to quality and operational excellence.

17
DitchCarbon score

-12 vs industry average

Physicians Realty Trust’s score of 17 is lower than 33% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.221
20182025

The Real Estate Services industry has reduced its overall emissions by 17% since 2018

Emissions trajectory 2020 – 2024

00.0M00.0M00.0M00.0M0

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20202021202220232024

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Physicians Realty Trust's reported carbon emissions

Physicians Realty Trust, a real estate services company based in the US, reported Scope 1 and Scope 2 emissions for 2021. Their Scope 1 emissions were approximately 4,025,000 kg CO2e, and Scope 2 emissions totalled approximately 41,581,000 kg CO2e for that year.

The company has established greenhouse gas reduction targets. Under the Science Based Targets initiative (SBTi), Physicians Realty Trust has committed to reduce its Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 30% by 2030, using 2018 as a base year. They also commit to measuring and reducing their Scope 3 emissions. These SBTi targets are classified as "Well-below 2°C" and are consistent with reductions required to limit warming to 1.5°C. This target was approved via a streamlined route for small and medium-sized enterprises (SMEs).

Additionally, Physicians Realty Trust had previously set a near-term target to reduce energy use intensity by 10% by 2021, with units measured in kBTU/SF, and a related target to reduce GHG emissions intensity by 10% by 2021, with units measured in tonnes CO2e.

The provided emissions data and reduction targets are directly from Physicians Realty Trust.

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Physicians Realty Trust’s Climate Goals (2030 & 2050)

2 goals

2021

10% reduction in Scope 1

Reduce energy use intensity, targeting a 10% reduction by 2021. Units are kBTU/SF.

Insufficient data10%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
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Physicians Realty Trust logoPhysicians Realty Trust
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6 days ago
17
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Prologis logoPrologis
USLessors of Nonresidential Buildings (excpet Miniwarehouses)
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USComputer Manufacturing
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Vornado Realty Trust logoVornado Realty Trust
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Frequently asked questions

Common questions about Physicians Realty Trust’s sustainability data and climate commitments

Physicians Realty Trust's reported greenhouse gas emissions for 2021 include approximately 4 million kg of CO₂e from Scope 1 sources and around 42 million kg from Scope 2 sources. These figures represent a substantial portion of their overall carbon footprint, with Scope 2 emissions being the largest share. As a real estate services company based in the US, their emissions reflect energy use in property operations. Tracking these emissions helps stakeholders understand their environmental impact and progress toward reduction targets, especially within the context of industry standards for sustainability reporting.

Data year: 2021

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