Hibernia Real Estate, also known as Hibernia REIT, is a prominent player in the Irish real estate sector, headquartered in Dublin, Ireland (IE). Established in 2013, the company has rapidly evolved, focusing on the acquisition, development, and management of high-quality commercial properties, primarily in Dublin and other key urban areas. Hibernia Real Estate distinguishes itself through its commitment to sustainability and innovative design, offering a diverse portfolio that includes office spaces, mixed-use developments, and residential properties. The firm has achieved notable milestones, including a successful listing on the Irish Stock Exchange, which has solidified its market position as a leading real estate investment trust (REIT) in Ireland. With a strong emphasis on creating value for its stakeholders, Hibernia continues to shape the landscape of Irish real estate.
How does Hibernia Real Estate's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Hibernia Real Estate's score of 52 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hibernia Real Estate reported total carbon emissions of approximately 4,641,000 kg CO2e, comprising 538,000 kg CO2e from Scope 1, 813,000 kg CO2e from Scope 2, and 2,928,000 kg CO2e from Scope 3 emissions. This represents a significant commitment to reducing their carbon footprint, with specific targets set for the near term. Hibernia aims for a 100% reduction in fossil fuel usage in existing assets by 2030, compared to a 2019 baseline, addressing Scope 1 emissions. Additionally, they have set a target for a 55% reduction in Scope 2 CO2e emissions by 2030, also against a 2019 baseline. Furthermore, the company has developed a Net Zero Carbon Pathway, aspiring to achieve net zero carbon status across all scopes by 2030. These initiatives reflect Hibernia's proactive approach to climate commitments, aligning with industry standards for sustainability and carbon reduction.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 1,347,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 2,277,000 | - | - | - | - | 000,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hibernia Real Estate is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.