Highwoods Properties Inc
Highwoods Properties's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Verified Sources Behind Highwoods Properties’s Greenhouse Gas (GHG) Emissions Data
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Insights into Highwoods Properties's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Highwoods Properties amounted to 120,173 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 Highwoods Properties decreased by 1.26%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Highwoods Properties's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Highwoods Properties's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Highwoods Properties were 1,929 metric tons of CO₂ equivalent (tCO₂e). a
Has Highwoods Properties reduced its Scope 1 emissions over time?
Since 2018, Highwoods Properties's Scope 1 emissions have decreased by 20.94%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2022), Highwoods Properties's Scope 1 emissions decreased by 14.15%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Highwoods Properties's Scope 2 emissions?
In 2023, Highwoods Properties reported Scope 2 greenhouse gas (GHG) emissions of 118,244 tCO₂e without specifying the calculation method. a
Has Highwoods Properties reduced its Scope 2 emissions over time?
Since 2018, Highwoods Properties's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 28.92%, reflecting a declining long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2022), 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 2023, Highwoods Properties reported its Scope 2 emissions using an unspecified methodology. a
Highwoods Properties's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Highwoods Properties’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Highwoods Properties reported Scope 1 greenhouse gas (GHG) emissions of 1,929 tCO₂e and total revenues of USD 834 millions. This translates into an emissions intensity of 2.31 tCO₂e per millions USD. a
Highwoods Properties's Scope 1 Emissions Intensity Compared to Peers
How does Highwoods Properties's GHG emissions intensity compare to its peers?
In 2023, Highwoods Properties reported a Scope 1 emissions intensity of 2.31 tCO₂e per millions USD. Compared to the peer group median of 4.33 , 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 2023, 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