Paramount Group Inc
Paramount Group Inc., a leading player in the aerospace and defence industry, is headquartered in the United States. Founded in 1994, the company has established a strong presence in key operational regions, including North America and Europe. Paramount Group is renowned for its innovative solutions in defence and security, specialising in advanced military vehicles, surveillance systems, and integrated technology platforms. With a commitment to quality and performance, Paramount's products stand out for their cutting-edge design and operational effectiveness. The company has achieved significant milestones, including partnerships with various governments and defence organisations, solidifying its market position as a trusted provider. Paramount Group Inc. continues to push the boundaries of technology, ensuring it remains at the forefront of the aerospace and defence sector.
DitchCarbon Score
How does Paramount Group Inc'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 Business 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
Paramount Group Inc's score of 34 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Paramount Group Inc's reported carbon emissions
In 2023, Paramount Group Inc, headquartered in the US, reported significant carbon emissions across various scopes. The total emissions were approximately 61,739,000,000,000 kg CO2e for Scope 1, 19,657,000,000,000 kg CO2e for Scope 2, and a substantial 62,125,000,000,000 kg CO2e for capital goods under Scope 3. Other notable Scope 3 emissions included about 74,066,000,000,000 kg CO2e from purchased goods and services and 35,090,000,000 kg CO2e from business travel. The company has committed to near-term climate targets, although specific reduction targets have not been disclosed. Paramount Group is actively engaged in sustainability initiatives within the real estate sector, reflecting a commitment to addressing climate change. The company has not yet set a net-zero target but remains focused on reducing its carbon footprint. Data from previous years shows a trend in emissions, with Scope 1 and 2 emissions reported as approximately 4,831,000 kg CO2e and 57,292,000 kg CO2e in 2022, and 3,344,000 kg CO2e and 44,233,000 kg CO2e in 2021, indicating a potential for improvement in emissions management. Overall, Paramount Group Inc is taking steps towards enhancing its climate commitments, with a focus on transparency and accountability in its emissions reporting.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,321,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000,000,000.00 |
| Scope 2 | 60,146,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000,000 |
| Scope 3 | - | - | - | - | 000,000,000,000,000.00 |
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.
Paramount Group Inc 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.
