In 2025, BXP completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
BXP has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 11,166a | 12,637b | 12,000c | |
Total Scope 2 | ||||
Market-Based | N/A | 0b | 16,774c | |
Location-Based | 77,805a | 80,545b | 80,634c | |
Total Scope 3 | 240,425a | 139,978b | 315,932c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3.2065a | 3.7083b | 3.6657c |
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In 2025, the total operational greenhouse gas (GHG) emissions of BXP amounted to 88,971 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of BXP decreased by 4.52%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2025, the total Scope 1 emissions of BXP were 11,166 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, BXP's Scope 1 emissions have decreased by 12.11%, reflecting a declining long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2024), BXP's Scope 1 emissions decreased by 11.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2025, BXP reported Scope 2 greenhouse gas (GHG) emissions of 77,805 tCO₂e using the location-based method.a
Compared to the previous year (2024), BXP's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that BXP's emissions have plateaued with no significant change in its energy consumption footprint.ab
In 2025, BXP reported its Scope 2 emissions using the location-based method.a
In 2025, BXP reported 240,425 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of BXP includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, BXP reported total Scope 3 emissions of 240,425 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 26.67% of these emissions originated from upstream activities such as purchased goods and capital goods, while 73.33% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2024), BXP's Scope 3 emissions increased by 71.76%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2025, BXP reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to BXP's Scope 3 emissions were:a
In 2025, BXP reported Scope 1 greenhouse gas (GHG) emissions of 11,166 tCO₂e and total revenues of USD 3,482 millions. This translates into an emissions intensity of 3.21 tCO₂e per millions USD.a
In 2025, BXP reported a Scope 1 emissions intensity of 3.21 tCO₂e per millions USD. Compared to the peer group median of 4.47, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, BXP ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
BXP is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, BXP reported a total carbon footprint of 329,396 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 41.27% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to BXP's total carbon footprint was Scope 3 emissions, accounting for 72.99% of the company's total carbon footprint, followed by Scope 2 emissions at 23.62%.a