Hines, officially known as Hines Interests Limited Partnership, is a prominent player in the real estate services industry, with its headquarters based in the United States. Established in 1957, the company has grown to become a leading global real estate investment, development, and management firm, operating across North America, Europe, and Asia.
Specialising in office, residential, retail, and industrial properties, Hines is recognised for its innovative approach and sustainable development practices. The firm’s extensive portfolio and strategic market presence have earned it a reputation for delivering high-quality real estate solutions. With a history of key milestones and a focus on long-term value creation, Hines remains a notable leader in the competitive real estate services sector.
-1 vs industry average
Hines’s score of 28 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has above-average carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hines's reported carbon emissions
Hines, a real estate services firm headquartered in the US, has set ambitious climate commitments, including a long-term goal of achieving net-zero carbon by 2040.
Carbon Emissions Data:
- 2024:
- Total emissions: Approximately 1.98 billion kg CO2e
- Scope 1: Approximately 11.03 million kg CO2e
- Scope 2 (market-based): Approximately 27.74 million kg CO2e
- Scope 3: Approximately 4.09 billion kg CO2e
- 2023:
- Total emissions: Approximately 1.87 billion kg CO2e
- Scope 1: Approximately 9.14 million kg CO2e
- Scope 2 (market-based): Approximately 25.88 million kg CO2e
- Scope 3: Approximately 3.86 billion kg CO2e
- 2022:
- Total emissions: Approximately 2.10 billion kg CO2e
- Scope 1: Approximately 12.62 million kg CO2e
- Scope 2 (market-based): Approximately 44.71 million kg CO2e
- Scope 3: Approximately 2.04 billion kg CO2e
- 2021:
- Total emissions: Approximately 2.64 billion kg CO2e
- Scope 1: Approximately 16.41 million kg CO2e
- Scope 2 (market-based): Approximately 53.20 million kg CO2e
- Scope 3: Approximately 2.60 billion kg CO2e
Climate Commitments and Reduction Targets:
Hines has committed to a significant reduction in greenhouse gas (GHG) emissions:
- Near-term Target: A 42% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using a 2021 baseline year.
- Scope 3 Target: A 42% reduction in absolute Scope 3 GHG emissions from the use of sold products and downstream leased assets by 2030, also from a 2021 baseline.
- Long-term Goal: Net-zero carbon emissions by 2040.
The company is actively working with global experts to establish a baseline and develop a decarbonisation pathway to achieve these targets. Hines reported being on track for its two-year interim target. Some Scope 3 categories, specifically purchased goods and services, and capital goods, were identified as missing data points in their reporting.
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Hines’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Hines
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