- Water shortages in the Western US.
- Increasingly extreme weather events.
- Need to reduce GHG emissions.
- Maintaining high tenant satisfaction and engagement.
Rising Realty Partners
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Rising Realty Partners disclosed greenhouse gas emissions of 11.4K mtCO2e (market-based) 15156 mtCO2e (location-based). By scope: Scope 1: 771 mtCO2e; Scope 2: 10.7K 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
11.4K mtCO2e (market-based) 15156 mtCO2e (location-based)
2023
Water Usage
23.6K kgal
2023
Waste
619.56 tons
2023
Energy Use
54.6K MWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 771 mtCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 10.7K mtCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Maintained a portfolio-wide carbon footprint of 11,448 mtCO2e (market-based) and 15,156 mtCO2e (location-based) in 2023.
- Achieved a 62% portfolio waste diversion rate.
- One California Plaza is net zero carbon and energy certified.
- The CalEdison DTLA achieved a 98 Energy Star score and a 35% reduction in domestic water use.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Net Zero Carbon target for scope 1 and 2 emissions by 2024.
- Portfolio average of 50% waste diversion rate by 2025.
- Conduct GRESB GAP Analysis and report findings to key stakeholders in 2024.
📅 Medium-term
- Increase LEED Certification and Energy Star coverage where feasible.
- Install “Rising compliant” fixtures across portfolio by 2025.
🌱 ESG Focus Areas
Climate ChangeHealthSocial EquityDecarbonizationWater ConservationWaste ManagementBiodiversityTenant EngagementEmployee Well-beingCommunity InvestmentDiversity, Equity, and Inclusion (DEI)Governance