Boston Properties Inc.
BXP.US | Real estate activities with own or leased property
Boston Properties, Inc. (BXP) is a real estate investment trust (REIT) that primarily focuses on developing, owning, and managing Class A office properties in select gateway markets in the United States. These markets include Boston, New York, San Francisco, Los Angeles, and Seattle. The company's p...Show More
Better Health for All
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Boston Properties Inc. (BXP) has no revenue from products or activities with established negative health outcomes, as its core business is real estate. The company's operations generate positive health externalities by reducing environmental impacts that affect public health. This is evidenced by ENERGY STAR certification for 36 properties
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and a commitment to carbon-neutral operations by 2025 through energy efficiency and renewable energy, which aims to enhance community health.
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Fair Money & Economic Opportunity
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Boston Properties Inc (BXP) is a Real Estate Investment Trust (REIT) primarily focused on developing, owning, and managing office properties.
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Its core business does not involve providing financial services, lending, or deposit services to consumers. Consequently, KPIs related to financial products, pricing, fees, customer data, lending compliance, wealth building outcomes, financial literacy, debt burden, geographic inclusion for financial services, and product simplicity are not applicable to its operations. While BXP is registered on Diversity 411, indicating potential interest in supplier diversity,
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and its community development initiatives may indirectly stimulate local economies,
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there is no specific evidence regarding the percentage of profits reinvested in community finance or profit-sharing with underserved communities.
Fair Pay & Worker Respect
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The provided article highlights Boston Properties Inc.'s commitment to fair pay and worker respect, noting a 94% favorability score for ethical business conduct from an employee survey
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and the existence of comprehensive health, dental, and vision plans
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, and a Human Rights Policy
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. However, the article does not provide specific quantitative data points required by the rubric for any KPI, such as the percentage of the workforce earning a living wage, CEO to median pay ratio, collective bargaining coverage, safety incident rates (TRIR), pay equity ratios, overall employee engagement/satisfaction index, employee turnover rate, labor violation incidents, insecure contract share, or the percentage of the workforce covered by health insurance. Therefore, no KPIs can be scored based on the evidence provided.
Fair Trade & Ethical Sourcing
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As a real estate investment trust (REIT), Boston Properties' core business does not involve the procurement or trade of physical commodities typically covered by fair-trade certifications. For other KPIs, the provided articles do not contain specific, quantifiable data points. While the company has established a Diversity & Inclusion Committee to support diverse suppliers
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and mentions strong supplier relationships
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, there is no evidence of the percentage of procurement budget directed to diverse suppliers, supplier audit frequencies, details on forced or child labor incidents, supply chain traceability coverage, remediation speeds, ethical clause coverage in contracts, or the share of spend on high-risk materials.
Honest & Fair Business
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The company has an ethics reporting system that allows employees and stakeholders to anonymously report possible violations of the Code of Business Conduct and Ethics, including concerns regarding questionable accounting, internal accounting controls, or auditing matters, by telephone or over the internet.
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Its anti-corruption policy includes a strict prohibition on bribes and kickbacks, restrictions on gifts and gratuities, and mandatory disclosure of legal violations related to government contracts.
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The CEO and CFO concluded that disclosure controls and procedures were effective.
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The company discloses ongoing legal proceedings, including a wage and hour lawsuit filed January 24, 2025, and a contract dispute where a judgment awarded a seller approximately $2.7 million (including interest) on December 9, 2024, which the company paid.
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The Board of Directors has adopted Corporate Governance Guidelines and a Code of Business Conduct and Ethics, both available on its website, and posts its annual, quarterly, and current reports with the SEC on its website.
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The company's cybersecurity program is aligned with the NIST Cybersecurity Framework and overseen by the Audit Committee.
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Board-level committees oversee sustainability and diversity initiatives, and governance guidelines emphasize board independence and stakeholder communication.
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,
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Kind to Animals
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Boston Properties Inc. is a real estate investment trust (REIT) primarily focused on developing, owning, and managing Class A office properties. Its core business model does not involve activities such as product manufacturing, animal testing, animal agriculture, or the use of animal-derived ingredients. Consequently, most animal welfare-related KPIs, including cruelty-free certification, animal testing, humane certifications for animal operations, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal agriculture ethics, and animal-free R&D collaboration or policy engagement, are not applicable to its operations. The company has implemented urban beekeeping programs on building rooftops
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and received Gold Certification from the Wildlife Habitat Council for its Carnegie Center campus
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, indicating efforts to support biodiversity. However, the provided articles do not include specific, measurable biodiversity impact metrics or percentages of revenue allocated to conservation initiatives, which are required by the scoring rubric for the wildlife conservation impact KPI. Therefore, this KPI cannot be scored.
No War, No Weapons
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No evidence available to assess Boston Properties Inc on No War, No Weapons.
Planet-Friendly Business
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Boston Properties' science-based targets are approved by the SBTi and classified as in line with a 1.5°C trajectory.
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The company has 96% of its actively managed office buildings certified under green building rating systems.
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with 91% of 34.9 million square feet of LEED-certified properties at Gold and Platinum levels.
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It has achieved a 51% landfill waste diversion rate since 2008 on an intensity basis.
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The company achieved carbon-neutral operations for Scope 1 and 2 greenhouse gas emissions in 2024, ahead of its 2025 target.
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Respect for Cultures & Communities
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No specific, concrete evidence was found in the provided articles for any of the Key Performance Indicators related to 'Respect for Cultures & Communities'. The articles primarily focus on environmental sustainability metrics, certifications, and corporate governance related to ESG, without detailing community engagement, cultural preservation, local employment, or grievance mechanisms for community concerns.
Safe & Smart Tech
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Boston Properties has not experienced any material cybersecurity events or unauthorized data use incidents to date.
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The company maintains a robust cybersecurity program based on the National Institute of Standards and Technology (NIST) Cybersecurity Framework
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, which includes regular internal assessments
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, biennial third-party cyber assessments
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, two annual penetration tests
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, and monthly vulnerability assessments
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. This strong posture is reflected in its SecurityScorecard rating of 86 out of 100.
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BXP's privacy policy, effective October 1, 2025
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, demonstrates good regulatory compliance by explicitly addressing the California Consumer Privacy Act (CCPA).
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It outlines comprehensive rights for California residents, including information, access, correction, deletion, and opt-out
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, and states that BXP does not sell or share personal information
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, use sensitive personal information for limited purposes
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, or engage in profiling or automated decision-making as defined by the CCPA
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. Users can opt-out of marketing, disable cookies, and manage location data
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, though BXP does not respond to 'Do Not Track' signals
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. Authentication security includes sending security codes via email or SMS.
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Zero Waste & Sustainable Products
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No specific, quantitative evidence was found in the provided articles regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education. The articles primarily focus on carbon emissions, renewable energy, and general sustainability recognition
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, which do not directly address the 'Zero Waste & Sustainable Products' value.