Douglas Emmett, Inc., a prominent player in the real estate investment trust (REIT) sector, is headquartered in the United States, with a strong operational presence in key markets such as Los Angeles and Honolulu. Founded in 2006, the company has established itself as a leader in the acquisition, development, and management of high-quality office and multifamily properties. Specialising in premier office spaces and luxury residential communities, Douglas Emmett distinguishes itself through its strategic focus on prime locations and exceptional tenant experiences. The firm has achieved notable milestones, including a robust portfolio that reflects its commitment to sustainability and innovation in property management. With a reputation for excellence, Douglas Emmett continues to solidify its market position, making significant contributions to the real estate landscape.
How does Douglas Emmett'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.
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.
Douglas Emmett's score of 25 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Douglas Emmett reported total carbon emissions of approximately 59,961,000 kg CO2e, comprising 6,773,000 kg CO2e from Scope 1 and 53,189,000 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2022, where total emissions were about 58,629,000 kg CO2e, with Scope 1 at 6,602,000 kg CO2e and Scope 2 at 52,027,000 kg CO2e. The company has set ambitious reduction targets, aiming to decrease its indirect air emissions from utility suppliers by 10% per square foot of electricity usage by 2029. This target applies to both Scope 1 and Scope 2 emissions, indicating a commitment to improving energy efficiency and reducing reliance on fossil fuels. Douglas Emmett has not disclosed any Scope 3 emissions data, which typically includes emissions from the supply chain and product use. However, their focus on reducing Scope 1 and 2 emissions aligns with industry standards for climate action, demonstrating a proactive approach to sustainability in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 9,765,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 70,005,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - |
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.
Douglas Emmett 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.