Net Zero Target Commitment
First Washington Realty is committed to reduce greenhouse gas emissions to as close to zero as possible for all controlled operations and achieve net zero by 2050.
Our goal of achieving net zero is driven by our desire to improve the communities we serve and combat climate change. To achieve this, we measure, reduce, and report greenhouse gas emissions consumed in shared areas and spaces within our control. We pledge to reduce our Scope 1 and Scope 2 greenhouse gas emissions by 100% for all controlled operations by 2050, compared to a 2019 baseline. This effort to decrease carbon emissions is aligned with the Paris Agreement and the Intergovernmental Panel on Climate Change’s recommendation to keep global warming below 1.5 Celsius.
Energy
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- FWR commits to upgrading lighting of landlord-controlled spaces to energy-efficient LED systems by 50% (based on floor area) by 2025.
- FWR commits to installing EV charging stations at 40% of our portfolio (based on floor area) by 2030.
Water
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- FWR commits to installing drip or smart irrigation technology and/or apply xeriscaping strategies to reduce water consumption at 50% of the portfolio (based on floor area) by 2030.
Waste
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- FWR commits to improving waste data coverage of our portfolio to 95% by 2025
- FWR commits to improving the portfolio’s waste diversion rate to 30% by 2030