Highwoods Properties Inc

Common Name
Highwoods Properties
Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
350
Ticker
HIW
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Highwoods Properties, Inc. is a real estate investment trust (REIT) specializing in managing, developing, acquiring, leasing, and selling high-quality office properties. This firm operates predominant...

Highwoods Properties's Climate Target Data Preview

As of 2023, Highwoods Properties has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Highwoods Properties ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2026
Intensity-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Unspecified Unit
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2030

This table provides a simplified preview of selected climate targets 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 Highwoods Properties's Greenhouse Gas Emissions Pathways

As of 2023, Highwoods Properties has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Highwoods Properties have a target to reduce the emissions from its operations?

As of 2023, Highwoods Properties has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Highwoods Properties's most ambitious operational target is to reduce these emissions by 20% by 2026, compared to a baseline of 164,437 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016.

Highwoods Properties has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2026 value, achieving its climate goal ahead of schedule.

Highwoods Properties's Operational (Scope 1+2) Emissions Pathway

201620232026045 k90 k135 k180 kBaselineCurrent (-38%)Target 2026 (-20%)
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