BXP Releases 2024 Sustainability & Impact Report

BOSTON--(BUSINESS WIRE)-- BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced the release of BXP’s 2024 Sustainability & Impact Report.

2024 highlights include:

• Achieving carbon-neutral operations for greenhouse gas emissions scopes 1 and 2
• Adopting new 2030 Energy and Water intensity targets, and science-based greenhouse gas emissions reduction targets
• Increasing clean energy ‘additionality’ commitments to over 50 MW of onsite and offsite solar capacity

“Excellence and leadership in sustainability is increasingly important to our clients, communities, and capital providers,” said Owen Thomas, Chairman & CEO, BXP. “Our focus on measurable impact for our community of stakeholders is core to our strategy and an important driver of our continued success.”

”We continue to execute our sustainability strategy to strengthen investor and client engagement, support leasing and development activity, and enhance long-term value,” said Ben Myers, SVP, Sustainability, BXP.

BXP’s 2024 Sustainability & Impact Report provides details on BXP’s approach, goals, key performance indicators, leadership, and reporting methodologies related to sustainability, social impact, and governance. The complete report is available under the Commitment section of our website at www.bxp.com.

BXP’s commitment to sustainability and impact has been recognized by numerous industry groups and rankings. BXP was again named an ENERGY STAR Partner of the Year - Sustained Excellence Award winner, as well as a Best in Building Health winner by the Center for Active Design. BXP was recognized as an inaugural Platinum-level Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy and was the recipient of Nareit’s prestigious Leader in the Light Award, as well as the Nareit Sustainability Impact Award.

About BXP

BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of December 31, 2024, including properties owned by unconsolidated joint ventures, BXP’s portfolio totaled 53.3 million square feet and 185 properties, including seven properties under construction/redevelopment. For more information, please visit our website at www.bxp.com or follow us on LinkedIn or Instagram.

This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of the words “will,” “expects,” “intends” and similar expressions that do not relate to historical matters. These statements are based on our current plans, expectations, projections and assumptions about future events. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, trends, uncertainties and other factors which are, in some cases, beyond BXP’s control and could materially affect actual results, performance or achievements. These factors include, without limitation, BXP’s ability to achieve its sustainability goals and targets on time or at all, and other risks and uncertainties detailed from time to time in BXP’s filings with the SEC. BXP does not undertake a duty to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250418885980/en/

At BXP

Laura Sesody

Senior Vice President, Corporate Marketing & Communications

lsesody@bxp.com



Helen Han

Vice President, Investor Relations

hhan@bxp.com

Source: BXP, Inc.

FAQ

What are the main achievements in BXP's 2024 Sustainability Report?

BXP achieved carbon-neutral operations for scope 1 and 2 emissions, set new 2030 Energy and Water intensity targets, and increased clean energy commitments to over 50 MW of solar capacity.

How has BXP's sustainability performance been recognized in 2024?

BXP received multiple awards including ENERGY STAR Partner of the Year - Sustained Excellence Award, Best in Building Health winner, Platinum-level Green Lease Leader status, and Nareit's Leader in the Light Award.

What are BXP's new environmental commitments for 2030?

BXP has adopted new 2030 targets for Energy and Water intensity reduction and science-based greenhouse gas emissions reduction targets.

How much solar capacity has BXP committed to in their clean energy initiative?

BXP has increased its clean energy 'additionality' commitments to over 50 MW of combined onsite and offsite solar capacity.

What is the significance of BXP achieving carbon-neutral operations?

BXP's achievement of carbon-neutral operations for greenhouse gas emissions scopes 1 and 2 demonstrates their commitment to environmental sustainability and reducing their carbon footprint.