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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 U.S.-based real estate investment trust (REIT) whose shares trade in Germany under the ticker HP91 on the Frankfurt Stock Exchange, quoted in euros as a common sto...

Hudson Pacific Properties's GHG Emissions Data Preview

In 2023, Hudson Pacific 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), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Hudson Pacific Properties has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202320222021
2020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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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 Hudson Pacific 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 Hudson Pacific 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 Hudson Pacific Properties’s data sources below and access millions more through our Disclosure Search.

a. Hudson Pacific Properties's Corporate Responsibility Report (CRR) 2023
a. Hudson Pacific Properties's Corporate Responsibility Report (CRR) 2023
b. Hudson Pacific Properties's CSR Report 2021
b. Hudson Pacific Properties's CSR Report 2021

Insights into Hudson Pacific Properties's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hudson Pacific Properties amounted to 51,742 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 Hudson Pacific Properties decreased by 8.28%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Hudson Pacific Properties's Scope 1 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e-7%-23%+52%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Hudson Pacific Properties's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hudson Pacific Properties were 13,272 metric tons of CO₂ equivalent (tCO₂e).a

Has Hudson Pacific Properties reduced its Scope 1 emissions over time?

Since 2019, Hudson Pacific Properties's Scope 1 emissions have increased by 4.92%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2022), Hudson Pacific Properties's Scope 1 emissions decreased by 3.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Hudson Pacific Properties's Scope 2 emissions?

In 2023, Hudson Pacific Properties reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 38,470 tCO₂e using the location-based method.a

Has Hudson Pacific Properties reduced its Scope 2 emissions over time?

Since 2019, Hudson Pacific Properties's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 23.13%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2022), Hudson Pacific Properties's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hudson Pacific Properties's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Hudson Pacific Properties use for Scope 2 reporting?

In 2023, Hudson Pacific Properties reported its Scope 2 emissions using the market-based method and using the location-based method.a

Hudson Pacific Properties's Scope 2 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hudson Pacific Properties's Value Chain Emissions

In 2023, Hudson Pacific Properties reported 247,954 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2023 disclosure of Hudson Pacific Properties includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Hudson Pacific Properties's Scope 3 Emissions Over Time

2020202120222023075 M150 M225 M300 MtCO2e-100%0%-18%
  • Total Scope 3
  • Year-over-Year Change

What are Hudson Pacific Properties's Scope 3 emissions?

In 2023, Hudson Pacific Properties reported total Scope 3 emissions of 247,954 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2022), Hudson Pacific Properties's Scope 3 emissions decreased by 17.57%, highlighting the company's efforts to lower indirect emissions from its value chain.a

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

In 2023, Hudson Pacific Properties reported Scope 1 greenhouse gas (GHG) emissions of 13,272 tCO₂e and total revenues of USD 952 millions. This translates into an emissions intensity of 13.94 tCO₂e per millions USD.a

Hudson Pacific Properties's Scope 1 Emissions Intensity Compared to Peers

2050010,000200,000Scope 1 Emissions (tCO2e)502005002,00010,000Revenues (Millions of USD)Douglas 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: $M 120Scope 1 Intensity: 8.39 tCO2e/$MHighwoods PropertiesYear: 2024Scope 1: 2,480 tCO2eRevenue: $M 826Scope 1 Intensity: 3.00 tCO2e/$MCOPT Defense PropertiesYear: 2024Scope 1: 10,504 tCO2eRevenue: $M 753Scope 1 Intensity: 13.94 tCO2e/$MAmerican Healthcare REITYear: 2024Scope 1: 45,214 tCO2eRevenue: $M 2,071Scope 1 Intensity: 21.84 tCO2e/$MCamden Property TrustYear: 2024Scope 1: 14,163 tCO2eRevenue: $M 1,544Scope 1 Intensity: 9.17 tCO2e/$MPiedmont Realty TrustYear: 2024Scope 1: 829 tCO2eRevenue: $M 570Scope 1 Intensity: 1.45 tCO2e/$MAGNC InvestmentYear: 2023Scope 1: 1 tCO2eRevenue: $M 250Scope 1 Intensity: 0.00 tCO2e/$MCousins PropertiesYear: 2023Scope 1: 366 tCO2eRevenue: $M 803Scope 1 Intensity: 0.46 tCO2e/$MJBG SMITH PropertiesYear: 2024Scope 1: 5,040 tCO2eRevenue: $M 547Scope 1 Intensity: 9.21 tCO2e/$MKimco RealtyYear: 2024Scope 1: 4,165 tCO2eRevenue: $M 2,037Scope 1 Intensity: 2.04 tCO2e/$MKilroy RealtyYear: 2023Scope 1: 4,765 tCO2eRevenue: $M 1,130Scope 1 Intensity: 4.22 tCO2e/$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: $M 914Scope 1 Intensity: 4.37 tCO2e/$MRexford Industrial RealtyYear: 2024Scope 1: 21 tCO2eRevenue: $M 938Scope 1 Intensity: 0.02 tCO2e/$MUDRYear: 2024Scope 1: 15,933 tCO2eRevenue: $M 1,672Scope 1 Intensity: 9.53 tCO2e/$MAmerican Homes 4 RentYear: 2024Scope 1: 13,532 tCO2eRevenue: $M 1,729Scope 1 Intensity: 7.83 tCO2e/$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: $M 842Scope 1 Intensity: 3.11 tCO2e/$MHudson Pacific PropertiesYear: 2023Scope 1: 13,272 tCO2eRevenue: $M 952Scope 1 Intensity: 13.94 tCO2e/$M

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

In 2023, Hudson Pacific Properties reported a Scope 1 emissions intensity of 13.94 tCO₂e per millions USD. Compared to the peer group median of 5.5, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

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

In 2023, Hudson Pacific Properties ranked 20 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Hudson Pacific Properties among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Hudson Pacific Properties's Total Carbon Footprint

In 2023, Hudson Pacific Properties reported a total carbon footprint of 299,696 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.11% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Hudson Pacific Properties's total carbon footprint was Scope 3 emissions, accounting for 82.74% of the company's total carbon footprint, followed by Scope 2 emissions at 12.84%.a

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