Columbia Property Trust
Columbia Property Trust, Inc. is a prominent real estate investment trust (REIT) headquartered in the United States, with a strong presence in major urban markets such as New York, San Francisco, and Washington, D.C. Founded in 1994, the company has established itself as a leader in the acquisition, development, and management of high-quality office properties, focusing on sustainable and innovative design. Columbia Property Trust is renowned for its commitment to creating value through strategic investments in prime locations, offering a diverse portfolio that includes both traditional office spaces and modern, flexible work environments. The company’s emphasis on sustainability and tenant satisfaction sets it apart in the competitive real estate landscape. With a solid market position and a track record of notable achievements, Columbia Property Trust continues to shape the future of urban real estate.
DitchCarbon Score
How does Columbia Property 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
Columbia Property Trust's score of 51 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Columbia Property Trust's reported carbon emissions
In 2022, Columbia Property Trust reported significant carbon emissions in the UK, totalling approximately 604,518 kg CO2e for Scope 1, 899,505 kg CO2e for Scope 2 (location-based), and 82,285 kg CO2e for Scope 3 emissions. The previous year, 2021, saw higher emissions, with Scope 1 at about 1,004,724 kg CO2e, Scope 2 (location-based) at 1,030,432 kg CO2e, and Scope 3 emissions at 91,187 kg CO2e. In the US, 2021 emissions were notably higher, with Scope 1 emissions reaching approximately 1,699,000 kg CO2e, Scope 2 at 25,701,000 kg CO2e, and Scope 3 at 2,181,000 kg CO2e. The 2020 figures also reflect substantial emissions, with Scope 1 at about 1,452,000 kg CO2e, Scope 2 at 25,428,000 kg CO2e, and Scope 3 at 4,470,000 kg CO2e. Columbia Property Trust has not disclosed specific reduction targets or initiatives in their climate commitments. However, they are part of a corporate family relationship with Allianz SE, which influences their sustainability strategies and reporting. The emissions data is cascaded from Columbia Property Trust, Inc., indicating a structured approach to environmental accountability within the organisation. Overall, while Columbia Property Trust has made strides in reporting its emissions, further clarity on reduction targets and initiatives would enhance its commitment to climate action.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 2,452,000 | 0,000,000 |
| Scope 2 | 30,001,000 | 00,000,000 |
| Scope 3 | 6,655,000 | 0,000,000 |
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.
Columbia Property Trust is not participating in any 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.
