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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

Cousins Properties's Scope 1 Emissions Over Time

201820192020202120222023095190285380tCO2e-3%-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 COâ‚‚ equivalent (tCOâ‚‚e).

Has Cousins Properties reduced its Scope 1 emissions over time?

Since 2018, Cousins Properties's Scope 1 emissions have increased by 77.02%, reflecting a rising long-term trend in Scope 1 emissions over time.

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.

What are Cousins Properties's Scope 2 emissions?

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

Has Cousins Properties reduced its Scope 2 emissions over time?

Since 2018, Cousins Properties's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 30.46%, reflecting a declining long-term trend in 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.

What methodology does Cousins Properties use for Scope 2 reporting?

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

Cousins Properties's Scope 2 Emissions Over Time

201820192020202120222023035 k70 k105 k140 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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

Cousins Properties's Scope 3 Emissions Over Time

20182022202303 k6 k9 k12 ktCO2e+38%-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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has Cousins Properties reduced its Scope 3 emissions over time?

Since 2018, Cousins Properties's Scope 3 emissions have increased by 29.39%, reflecting a rising long-term trend in Scope 3 emissions over time.

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.

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.

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:

  • Downstream Leased Assets (Cat. 13): 9,975.629 tCOâ‚‚e (100%)

Cousins Properties's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into Cousins Properties's Total Carbon Footprint

In 2023, Cousins Properties reported a total carbon footprint of 95,314.106 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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