Hudson Pacific Properties Inc

Common Name
Hudson Pacific Properties
Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
740
Ticker
HPP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Hudson Pacific Properties Inc. is a real estate investment trust (REIT) that focuses on owning, operating, and developing premier office and studio properties. Its primary function is to provide space...

Hudson Pacific Properties's Climate Target Data Preview

As of 2023, Hudson Pacific Properties has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, 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 Hudson Pacific 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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2030
Absolute-based Target*
Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

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 Hudson Pacific Properties's Greenhouse Gas Emissions Pathways

As of 2023, Hudson Pacific Properties has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

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

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

Hudson Pacific Properties's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 50,946 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Hudson Pacific Properties is on track to meet its operational emissions reduction target, having achieved 39.34% of the planned reduction.

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

201820232030015 k30 k45 k60 kBaselineCurrent (-20%)Target 2030 (-50%)

Does Hudson Pacific Properties have a target to reduce the emissions from its value chain?

As of 2023, Hudson Pacific Properties has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Hudson Pacific Properties's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 14,010 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

Hudson Pacific Properties has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

Hudson Pacific Properties's Value Chain (Scope 3) Emissions Pathway

20222023203004 k8 k12 k16 kBaselineCurrent (-67%)Target 2030 (-50%)
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