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Kilroy Realty Corp

Common Name
Kilroy Realty
Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
229
Ticker
KRC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Kilroy Realty Corporation is a leading real estate investment trust (REIT) specializing in the acquisition, development, and management of commercial properties, particularly Class A office spaces. Fo...

Kilroy Realty's GHG Emissions Data Preview

In 2023, Kilroy Realty 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).

Kilroy Realty has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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Verified Sources Behind Kilroy Realty’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 Kilroy Realty’s data sources below and access millions more through our Disclosure Search.

a. Kilroy Realty's Sustainability Report 2023
a. Kilroy Realty's Sustainability Report 2023
b. Kilroy Realty's Sustainability Report 2021
b. Kilroy Realty's Sustainability Report 2021
c. Kilroy Realty's Sustainability Report 2020
c. Kilroy Realty's Sustainability Report 2020

Insights into Kilroy Realty's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofKilroy Realty amounted to40,146metric 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 Kilroy Realtyincreased by 12.12%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Kilroy Realty's Scope 1 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-10%+24%+25%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Kilroy Realty's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Kilroy Realty were 4,765 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Kilroy Realty reduced its Scope 1 emissions over time?

Since 2019, Kilroy Realty's Scope 1 emissions have increased by 42.66%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2022), Kilroy Realty's Scope 1 emissions increased by 2.72%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Kilroy Realty's Scope 2 emissions?

In 2023, Kilroy Realty reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 35,381 tCOâ‚‚e using the location-based method.a

Has Kilroy Realty reduced its Scope 2 emissions over time?

Since 2019, Kilroy Realty's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 23.2%, reflecting a rising long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2022), Kilroy Realty's Scope 2 emissions(Location-Based) rose by 13.52% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Kilroy Realty use for Scope 2 reporting?

In 2023, Kilroy Realty reported its Scope 2 emissions using the market-based method and using the location-based method.a

Kilroy Realty's Scope 2 Emissions Over Time

2019202020212022202309 k18 k27 k36 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Kilroy Realty's Value Chain Emissions

In 2023, Kilroy Realty reported 8,914 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2023 disclosure of Kilroy Realty includes a breakdown across 1of 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

Kilroy Realty's Scope 3 Emissions Over Time

2019202020212022202308.5 k17 k25.5 k34 ktCO2e-3%+2%-76%+15%
  • Total Scope 3
  • Year-over-Year Change

What are Kilroy Realty's Scope 3 emissions?

In 2023, Kilroy Realty reported total Scope 3 emissions of 8,914 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 0%of these emissions originated from upstream activities such as purchased goods and capital goods, while 100%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Kilroy Realty reduced its Scope 3 emissions over time?

Since 2019, Kilroy Realty's Scope 3 emissionshave decreased by 72.3%, reflecting a declining long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2022), Kilroy Realty's Scope 3 emissions increased by 14.59%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Kilroy Realty disclose?

In 2023, Kilroy Realty reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Kilroy Realty's Scope 3 emissions?

In 2023, the largest contributors to Kilroy Realty's Scope 3 emissions were:a

  • Downstream Leased Assets (Cat. 13): 8,914 tCOâ‚‚e(100%)

Kilroy Realty's Scope 3 Emissions by Categories

Downstream LeasedAssets (Cat. 13)(100.0%)

Insights into Kilroy Realty’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Kilroy Realty reported Scope 1 greenhouse gas (GHG) emissions of 4,765 tCOâ‚‚e and total revenues of USD 1,130 millions. This translates into an emissions intensity of 4.22 tCOâ‚‚e per millions USD.a

Kilroy Realty's Scope 1 Emissions Intensity Compared to Peers

1001,0005,00050,000200,000Scope 1 Emissions (tCO2e)502005002,00010,000Revenues (Millions of USD)Empire 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: $M 120Scope 1 Intensity: 8.39 tCO2e/$MNSAYear: 2023Scope 1: 4,403 tCO2eRevenue: $M 858Scope 1 Intensity: 5.13 tCO2e/$MHudson Pacific PropertiesYear: 2023Scope 1: 13,272 tCO2eRevenue: $M 952Scope 1 Intensity: 13.94 tCO2e/$MHighwoods PropertiesYear: 2024Scope 1: 2,480 tCO2eRevenue: $M 826Scope 1 Intensity: 3.00 tCO2e/$MCOPT Defense PropertiesYear: 2024Scope 1: 10,504 tCO2eRevenue: $M 753Scope 1 Intensity: 13.94 tCO2e/$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: $M 803Scope 1 Intensity: 0.46 tCO2e/$MBroadstone Net LeaseYear: 2024Scope 1: 361 tCO2eRevenue: $M 432Scope 1 Intensity: 0.84 tCO2e/$MJBG SMITH PropertiesYear: 2024Scope 1: 5,040 tCO2eRevenue: $M 547Scope 1 Intensity: 9.21 tCO2e/$MAcadia Realty TrustYear: 2024Scope 1: 1,976 tCO2eRevenue: $M 360Scope 1 Intensity: 5.49 tCO2e/$MHealthcare Realty TrustYear: 2024Scope 1: 23,063 tCO2eRevenue: $M 1,249Scope 1 Intensity: 18.46 tCO2e/$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: $M 914Scope 1 Intensity: 4.37 tCO2e/$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: $M 1,788Scope 1 Intensity: 12.63 tCO2e/$MRyman Hospitality PropertiesYear: 2024Scope 1: 75,274 tCO2eRevenue: $M 2,339Scope 1 Intensity: 32.18 tCO2e/$MKilroy RealtyYear: 2023Scope 1: 4,765 tCO2eRevenue: $M 1,130Scope 1 Intensity: 4.22 tCO2e/$M

How does Kilroy Realty's GHG emissions intensity compare to its peers?

In 2023, Kilroy Realty reported a Scope 1 emissions intensity of 4.22 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.49, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Kilroy Realty rank on GHG emissions intensity within its industry?

In 2023, Kilroy Realty ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

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

Insights into Kilroy Realty's Total Carbon Footprint

In 2023, Kilroy Realty reported a total carbon footprint of 49,060 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.56% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Kilroy Realty's total carbon footprint was Scope 2 emissions, accounting for 72.12% of the company's total carbon footprint, followed by Scope 3 emissions at 18.17%.a

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