Physicians Realty Trust Sustainability Profile
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 lower than 51% 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. This data reflects a significant increase in emissions compared to previous years, with Scope 1 emissions rising from approximately 56,032,000 kg CO2e in 2020 and Scope 2 emissions also increasing from the same figure. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 30% by 2030, using 2018 as the baseline year. This target is aligned with the Science Based Targets initiative (SBTi) and is classified as consistent with keeping global warming 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 been disclosed. Notably, the company has previously targeted a 10% reduction in greenhouse gas emissions intensity for Scope 2 by 2021, indicating a proactive approach to managing its carbon footprint. The emissions data and reduction targets are cascaded from the parent organization, Healthpeak Properties, Inc., reflecting a broader commitment to sustainability within the corporate family. Overall, Physicians Realty Trust is actively working towards significant emissions reductions while navigating the challenges of increasing emissions in recent years.
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| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 60,572,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 60,572,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Physicians Realty Trust's Industry?
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Physicians Realty Trust'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.
Physicians Realty Trust 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 Physicians Realty Trust's sustainability data and climate commitments