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Cousins Properties Inc

Common Name
Cousins Properties
Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
306
Ticker
CUZ
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Cousins Properties Incorporated is a publicly traded real estate investment trust (REIT) that engages in the acquisition, development, and management of high-quality office properties. The company's c...

Cousins Properties's GHG Emissions Data Preview

In 2023, Cousins Properties 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).

Cousins Properties has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)202320222021
2020 - 2017
Total Scope 1
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Total Scope 2
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Cousins Properties’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Cousins Properties’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Cousins Properties’s data sources below and access millions more through our Disclosure Search.

a. Cousins Properties's Corporate Responsibility Report (CRR) 2023
a. Cousins Properties's Corporate Responsibility Report (CRR) 2023
b. Cousins Properties's ESG Report 2021
b. Cousins Properties's ESG Report 2021
c. Cousins Properties's ESG Report 2020
c. Cousins Properties's ESG Report 2020

Insights into Cousins Properties's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Cousins Properties amounted to 85,338.477 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 2022, the total operational greenhouse gas (GHG) emissions of Cousins Properties decreased by 0.55%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Cousins Properties's Scope 1 Emissions Over Time

20192020202120222023095190285380tCO2e-41%+50%+56%+33%
  • Total Scope 1
  • Year-over-Year Change

What are Cousins Properties's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Cousins Properties were 365.671 metric tons of CO₂ equivalent (tCO₂e).a

Has Cousins Properties reduced its Scope 1 emissions over time?

Since 2019, Cousins Properties's Scope 1 emissions have increased by 82.62%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year (2022), Cousins Properties's Scope 1 emissions increased by 33.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Cousins Properties's Scope 2 emissions?

In 2023, Cousins Properties reported Scope 2 greenhouse gas (GHG) emissions of 84,972.806 tCO₂e using the location-based method.a

Has Cousins Properties reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Cousins Properties's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Cousins Properties's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Cousins Properties use for Scope 2 reporting?

In 2023, Cousins Properties reported its Scope 2 emissions using the location-based method.a

Cousins Properties's Scope 2 Emissions Over Time

20192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Cousins Properties's Value Chain Emissions

In 2023, Cousins Properties reported 9,975.629 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 2023 disclosure of Cousins Properties includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Cousins Properties's Scope 3 Emissions Over Time

2022202303 k6 k9 k12 ktCO2e-6%
  • Total Scope 3
  • Year-over-Year Change

What are Cousins Properties's Scope 3 emissions?

In 2023, Cousins Properties reported total Scope 3 emissions of 9,975.629 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2022), Cousins Properties's Scope 3 emissions remained relatively stable, indicating that Cousins Properties's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Cousins Properties disclose?

In 2023, Cousins Properties reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Cousins Properties's Scope 3 emissions?

In 2023, the largest contributors to Cousins Properties's Scope 3 emissions were:a

  • Downstream Leased Assets (Cat. 13): 9,975.629 tCO₂e (100%)

Cousins Properties's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into Cousins Properties’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Cousins Properties reported Scope 1 greenhouse gas (GHG) emissions of 365.671 tCO₂e and total revenues of USD 803 millions. This translates into an emissions intensity of 0.46 tCO₂e per millions USD.a

Cousins Properties's Scope 1 Emissions Intensity Compared to Peers

102002,00020,000200,000Scope 1 Emissions (tCO2e)502005002,00010,000Revenues (Millions of USD)Sunstone Hotel InvestorsYear: 2020Scope 1: 9,388 tCO2eRevenue: $M 268Scope 1 Intensity: 35.04 tCO2e/$MEmpire State Realty TrustYear: 2023Scope 1: 3,178 tCO2eRevenue: $M 740Scope 1 Intensity: 4.30 tCO2e/$MDouglas EmmettYear: 2023Scope 1: 6,773 tCO2eRevenue: $M 1,020Scope 1 Intensity: 6.64 tCO2e/$MAlexandria Real Estate EquitiesYear: 2024Scope 1: 108,507 tCO2eRevenue: $M 3,050Scope 1 Intensity: 35.58 tCO2e/$MBXPYear: 2024Scope 1: 12,637 tCO2eRevenue: $M 3,408Scope 1 Intensity: 3.71 tCO2e/$MFranklin Street PropertiesYear: 2024Scope 1: 1,008 tCO2eRevenue: $M 120Scope 1 Intensity: 8.39 tCO2e/$MHudson Pacific PropertiesYear: 2023Scope 1: 13,272 tCO2eRevenue: $M 952Scope 1 Intensity: 13.94 tCO2e/$MHighwoods PropertiesYear: 2024Scope 1: 2,480 tCO2eRevenue: $M 826Scope 1 Intensity: 3.00 tCO2e/$MCOPT Defense PropertiesYear: 2024Scope 1: 10,504 tCO2eRevenue: $M 753Scope 1 Intensity: 13.94 tCO2e/$MPiedmont Realty TrustYear: 2024Scope 1: 829 tCO2eRevenue: $M 570Scope 1 Intensity: 1.45 tCO2e/$MJBG SMITH PropertiesYear: 2024Scope 1: 5,040 tCO2eRevenue: $M 547Scope 1 Intensity: 9.21 tCO2e/$MKilroy RealtyYear: 2023Scope 1: 4,765 tCO2eRevenue: $M 1,130Scope 1 Intensity: 4.22 tCO2e/$MOUTFRONT MediaYear: 2024Scope 1: 3,747 tCO2eRevenue: $M 1,831Scope 1 Intensity: 2.05 tCO2e/$MRayonierYear: 2024Scope 1: 557 tCO2eRevenue: $M 1,263Scope 1 Intensity: 0.44 tCO2e/$MHealthcare Realty TrustYear: 2024Scope 1: 23,063 tCO2eRevenue: $M 1,249Scope 1 Intensity: 18.46 tCO2e/$MMacerichYear: 2024Scope 1: 30,779 tCO2eRevenue: $M 918Scope 1 Intensity: 33.52 tCO2e/$MBrixmor Property GroupYear: 2023Scope 1: 3,414 tCO2eRevenue: $M 1,245Scope 1 Intensity: 2.74 tCO2e/$MFederal RealtyYear: 2024Scope 1: 3,186 tCO2eRevenue: $M 1,202Scope 1 Intensity: 2.65 tCO2e/$MSL Green RealtyYear: 2023Scope 1: 3,991 tCO2eRevenue: $M 914Scope 1 Intensity: 4.37 tCO2e/$MInvitation HomesYear: 2024Scope 1: 12,711 tCO2eRevenue: $M 2,619Scope 1 Intensity: 4.85 tCO2e/$MRexford Industrial RealtyYear: 2024Scope 1: 21 tCO2eRevenue: $M 938Scope 1 Intensity: 0.02 tCO2e/$MUDRYear: 2024Scope 1: 15,933 tCO2eRevenue: $M 1,672Scope 1 Intensity: 9.53 tCO2e/$MVornado Realty TrustYear: 2024Scope 1: 22,586 tCO2eRevenue: $M 1,788Scope 1 Intensity: 12.63 tCO2e/$MRyman Hospitality PropertiesYear: 2024Scope 1: 75,274 tCO2eRevenue: $M 2,339Scope 1 Intensity: 32.18 tCO2e/$MCousins PropertiesYear: 2023Scope 1: 366 tCO2eRevenue: $M 803Scope 1 Intensity: 0.46 tCO2e/$M

How does Cousins Properties's GHG emissions intensity compare to its peers?

In 2023, Cousins Properties reported a Scope 1 emissions intensity of 0.46 tCO₂e per millions USD. Compared to the peer group median of 5.75, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Cousins Properties rank on GHG emissions intensity within its industry?

In 2023, Cousins Properties ranked 3 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Cousins Properties among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Cousins Properties's Total Carbon Footprint

In 2023, Cousins Properties reported a total carbon footprint of 95,314.106 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.2% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Cousins Properties's total carbon footprint was Scope 2 emissions, accounting for 89.15% of the company's total carbon footprint, followed by Scope 3 emissions at 10.47%.a

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