Piedmont Office Realty Trust Inc

Common Name
Piedmont Office Realty Trust
Country
United States
Sector
Real Estate
Industry
REIT - Office
Employees
150
Ticker
PDM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Piedmont Office Realty Trust Inc. is a real estate investment trust (REIT) that focuses on the acquisition, development, and management of high-caliber office properties. This company primarily invest...

Piedmont Office Realty Trust's GHG Emissions Data Preview

In 2023, Piedmont Office Realty Trust 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, Piedmont Office Realty Trust 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 Piedmont Office Realty Trust's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Piedmont Office Realty Trust amounted to 81,937 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 Piedmont Office Realty Trust decreased by 6.43%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Piedmont Office Realty Trust's Scope 1 Emissions Over Time

2018201920202022202304509001.35 k1.8 ktCO2e+8%-38%-7%-18%
  • Total Scope 1
  • Year-over-Year Change

What are Piedmont Office Realty Trust's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Piedmont Office Realty Trust were 778 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Piedmont Office Realty Trust reduced its Scope 1 emissions over time?

Since 2018, Piedmont Office Realty Trust's Scope 1 emissions have decreased by 48.82%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Piedmont Office Realty Trust's Scope 1 emissions decreased by 17.85%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Piedmont Office Realty Trust's Scope 2 emissions?

In 2023, Piedmont Office Realty Trust reported Scope 2 greenhouse gas (GHG) emissions of 77,067 tCOâ‚‚e using the market-based method, and 81,159 tCOâ‚‚e using the location-based method.

Has Piedmont Office Realty Trust reduced its Scope 2 emissions over time?

Since 2018, Piedmont Office Realty Trust's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 38.55%, reflecting a declining long-term trend in Scope 2 emissions over time.

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

What methodology does Piedmont Office Realty Trust use for Scope 2 reporting?

In 2023, Piedmont Office Realty Trust reported its Scope 2 emissions using the market-based method and using the location-based method.

Piedmont Office Realty Trust's Scope 2 Emissions Over Time

20182019202020222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Piedmont Office Realty Trust's Value Chain Emissions

In 2023, Piedmont Office Realty Trust reported 9,620 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 Piedmont Office Realty Trust 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.

Piedmont Office Realty Trust's Scope 3 Emissions Over Time

2022202303.5 k7 k10.5 k14 ktCO2e-23%
  • Total Scope 3
  • Year-over-Year Change

What are Piedmont Office Realty Trust's Scope 3 emissions?

In 2023, Piedmont Office Realty Trust reported total Scope 3 emissions of 9,620 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Piedmont Office Realty Trust's Scope 3 emissions decreased by 22.77%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Piedmont Office Realty Trust's Total Carbon Footprint

In 2023, Piedmont Office Realty Trust reported a total carbon footprint of 91,557 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.46% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Piedmont Office Realty Trust's total carbon footprint was Scope 2 emissions, accounting for 88.64% of the company's total carbon footprint, followed by Scope 3 emissions at 10.51%.

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