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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 GHG Emissions Data Preview

In 2024, Highwoods 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, Highwoods Properties has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202420232022
2021 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Highwoods 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 Highwoods 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 Highwoods Properties’s data sources below and access millions more through our Disclosure Search.

a. Highwoods Properties's Corporate Responsibility Report (CRR) 2024
a. Highwoods Properties's Corporate Responsibility Report (CRR) 2024
b. Highwoods Properties's Corporate Responsibility Report (CRR) 2023
b. Highwoods Properties's Corporate Responsibility Report (CRR) 2023
c. Highwoods Properties's Corporate Responsibility Report (CRR) 2020
c. Highwoods Properties's Corporate Responsibility Report (CRR) 2020

Insights into Highwoods Properties's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Highwoods Properties amounted to 123,985 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 Highwoods Properties decreased by 1.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Highwoods Properties's Scope 1 Emissions Over Time

20192020202120222023202406501.3 k1.95 k2.6 ktCO2e-5%+5%+11%-14%+29%
  • Total Scope 1
  • Year-over-Year Change

What are Highwoods Properties's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Highwoods Properties were 2,479.7 metric tons of CO₂ equivalent (tCO₂e).a

Has Highwoods Properties reduced its Scope 1 emissions over time?

Since 2019, Highwoods Properties's Scope 1 emissions have increased by 22.51%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year (2023), Highwoods Properties's Scope 1 emissions increased by 28.55%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Highwoods Properties's Scope 2 emissions?

In 2024, Highwoods Properties reported Scope 2 greenhouse gas (GHG) emissions of 121,505.3 tCO₂e without specifying the calculation method.a

Has Highwoods Properties reduced its Scope 2 emissions over time?

Since 2019, Highwoods Properties's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 12.88%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year (2023), Highwoods Properties's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Highwoods Properties's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Highwoods Properties use for Scope 2 reporting?

In 2024, Highwoods Properties reported its Scope 2 emissions using an unspecified methodology.a

Highwoods Properties's Scope 2 Emissions Over Time

201920202021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2024, Highwoods Properties reported Scope 1 greenhouse gas (GHG) emissions of 2,479.7 tCO₂e and total revenues of USD 826 millions. This translates into an emissions intensity of 3 tCO₂e per millions USD.a

Highwoods Properties's Scope 1 Emissions Intensity Compared to Peers

1001,0005,00050,000200,000Scope 1 Emissions (tCO2e)502005002,00010,000Revenues (Millions of USD)Kennedy-Wilson HoldingsYear: 2023Scope 1: 12,989 tCO2eRevenue: $M 563Scope 1 Intensity: 23.09 tCO2e/$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: $M 952Scope 1 Intensity: 13.94 tCO2e/$MCOPT Defense PropertiesYear: 2024Scope 1: 10,504 tCO2eRevenue: $M 753Scope 1 Intensity: 13.94 tCO2e/$MCamden Property TrustYear: 2024Scope 1: 14,163 tCO2eRevenue: $M 1,544Scope 1 Intensity: 9.17 tCO2e/$MPiedmont Realty TrustYear: 2024Scope 1: 829 tCO2eRevenue: $M 570Scope 1 Intensity: 1.45 tCO2e/$MMedical Properties TrustYear: 2022Scope 1: 4,835 tCO2eRevenue: $M 1,543Scope 1 Intensity: 3.13 tCO2e/$MCousins PropertiesYear: 2023Scope 1: 366 tCO2eRevenue: $M 803Scope 1 Intensity: 0.46 tCO2e/$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: $M 914Scope 1 Intensity: 4.37 tCO2e/$MPotlatchdelticYear: 2024Scope 1: 45,000 tCO2eRevenue: $M 1,062Scope 1 Intensity: 42.37 tCO2e/$MVornado Realty TrustYear: 2024Scope 1: 22,586 tCO2eRevenue: $M 1,788Scope 1 Intensity: 12.63 tCO2e/$MKite Realty Group TrustYear: 2024Scope 1: 2,617 tCO2eRevenue: $M 842Scope 1 Intensity: 3.11 tCO2e/$MHighwoods PropertiesYear: 2024Scope 1: 2,480 tCO2eRevenue: $M 826Scope 1 Intensity: 3.00 tCO2e/$M

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

In 2024, Highwoods Properties reported a Scope 1 emissions intensity of 3 tCO₂e per millions USD. Compared to the peer group median of 5.5, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Highwoods Properties ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Highwoods Properties is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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