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 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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions 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 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).

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.

Hudson Pacific Properties's Scope 1 Emissions Over Time

20182019202020212022202303.5 k7 k10.5 k14 ktCO2e+9%-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 COâ‚‚ equivalent (tCOâ‚‚e).

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

Since 2018, Hudson Pacific Properties's Scope 1 emissions have increased by 13.91%, reflecting a rising long-term trend in Scope 1 emissions over time.

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.

What are Hudson Pacific Properties's Scope 2 emissions?

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

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

Since 2018, Hudson Pacific Properties's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 22.67%, reflecting a declining long-term trend in Scope 2 emissions over time.

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.

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.

Hudson Pacific Properties's Scope 2 Emissions Over Time

201820192020202120222023015 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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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