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.
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.
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.
Columbia Property Trust's score of 57 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Columbia Property Trust reported total carbon emissions of approximately 31,359,000 kg CO2e. This figure includes Scope 1 emissions of about 1,699,000 kg CO2e, Scope 2 emissions of approximately 25,701,000 kg CO2e, and Scope 3 emissions of around 3,959,000 kg CO2e. The data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. For the UK operations in 2022, emissions were reported as 604,518 kg CO2e for Scope 1, 899,505 kg CO2e for Scope 2 (location-based), and 82,285 kg CO2e for Scope 3 activities, which include waste generated in operations and fuel and energy-related activities. Columbia Property Trust's emissions data is cascaded from its parent company, Columbia Property Trust, Inc., which is part of the Allianz SE corporate family. This relationship influences their sustainability initiatives and reporting practices. Despite the detailed emissions reporting, there are currently no specific reduction targets or climate pledges disclosed by Columbia Property Trust. The absence of such commitments may reflect a broader industry trend where many real estate firms are still developing comprehensive climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2022 | |
---|---|---|---|---|
Scope 1 | 632,000 | 000,000 | 000,000 | 0,000,000 |
Scope 2 | 35,105,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 6,732,000 | 00,000,000 | 0,000,000 | 0,000,000 |
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.