In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of BXP amounted to 93,182 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 2023, the total operational greenhouse gas (GHG) emissions of BXP increased by 0.59%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
In 2024, the total Scope 1 emissions of BXP were 12,637 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, BXP's Scope 1 emissions have increased by 14.21%, reflecting a rising long-term trend in Scope 1 emissions over time. a d
Compared to the previous year (2023), BXP's Scope 1 emissions increased by 5.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b
In 2024, BXP reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 80,545 tCO₂e using the location-based method. a
Compared to the previous year (2023), 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. a b
In 2024, BXP reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, BXP reported 139,978 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 2024 disclosure of BXP includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
In 2024, BXP reported total Scope 3 emissions of 139,978 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 43.47% of these emissions originated from upstream activities such as purchased goods and capital goods, while 56.53% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), BXP's Scope 3 emissions decreased by 55.69%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
In 2024, 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 2024, the largest contributors to BXP's Scope 3 emissions were: a
In 2024, BXP reported Scope 1 greenhouse gas (GHG) emissions of 12,637 tCO₂e and total revenues of USD 3,408 millions. This translates into an emissions intensity of 3.71 tCO₂e per millions USD. a
In 2024, BXP reported a Scope 1 emissions intensity of 3.71 tCO₂e per millions USD. Compared to the peer group median of 6.64 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, 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 2024, BXP reported a total carbon footprint of 233,160 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 42.93% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to BXP's total carbon footprint was Scope 3 emissions, accounting for 60.04% of the company's total carbon footprint, followed by Scope 2 emissions at 34.54%. a