- Maintaining and further reducing GHG emissions across the portfolio.
- Ensuring ongoing tenant satisfaction and engagement.
KBS Capital Advisors LLC
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, KBS Capital Advisors LLC disclosed greenhouse gas emissions of 40.1K MtCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
40.1K MtCO2e
2023
Energy Use
126.0K MWh
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 40.1K MtCO2e |
| 2022 | 43.6K MtCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced portfolio emissions by 2.98% from the 2021 baseline, on track for a 5% reduction by 2025.
- Achieved Green Star designation from GRESB for KBS REIT III.
- Implemented an ESG data management platform to monitor energy and water use, emissions, and other relevant metrics.
- Over 90% of properties achieved UL Veri/f.shortied Healthy Building Mark for Indoor Air.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve a 5% GHG emissions reduction by 2025.
- Increase KBS REIT III’s waste coverage by 20% by 2026.
📅 Medium-term
- Develop an internal leadership training program by 2025.
🔭 Long-term
- Achieve 100% UL healthy air certification across the entire portfolio.
🌱 ESG Focus Areas
Climate Change MitigationEnergy ManagementEmployee Safety & WellbeingEmployee Satisfaction & EngagementEmployee Development & TrainingTenant Safety & WellbeingTenant SatisfactionDiversity, Equity & InclusionBusiness Ethics & Anti-CorruptionBusiness Continuity & ResilienceData Privacy & Cybersecurity