In 2024, Franklin Street 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) and Scope 2 (indirect emissions from purchased energy).
However, Franklin Street Properties has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,008a | 1,121a | 1,241a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 29,053a | 31,814a | 34,135a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 8.3922a | 7.6935a | 7.4933a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Franklin Street Properties amounted to 30,061 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 Franklin Street Properties decreased by 8.73%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Franklin Street Properties were 1,008 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Franklin Street Properties's Scope 1 emissions have decreased by 27.22%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Franklin Street Properties's Scope 1 emissions decreased by 10.08%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Franklin Street Properties reported Scope 2 greenhouse gas (GHG) emissions of 29,053 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), Franklin Street Properties's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Franklin Street Properties's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Franklin Street Properties reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Franklin Street Properties reported Scope 1 greenhouse gas (GHG) emissions of 1,008 tCO₂e and total revenues of USD 120 millions. This translates into an emissions intensity of 8.39 tCO₂e per millions USD.a
In 2024, Franklin Street Properties reported a Scope 1 emissions intensity of 8.39 tCO₂e per millions USD. Compared to the peer group median of 4.47, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Franklin Street Properties ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Franklin Street Properties is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a